Question: Calculate Return on Invested Capital ( ROIC ) . Net income = $ 3 0 0 NOPAT = $ 4 0 0 Total assets =

Calculate Return on Invested Capital (ROIC).
Net income = $300
NOPAT = $400
Total assets = $2,500
Total operating capital = $2,300.
Short-term investments = $200
Stockholders' equity = $1,800
Total debt = $700
Group of answer choices
15.70%
16.52%
17.39%
18.26%

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