Question: Recalling the return on invested capital (ROIC). What would be the firms ROIC assuming that the earning before interest and taxes is $3,000, operating expenses

Recalling the return on invested capital (ROIC). What would be the firms ROIC assuming that the earning before interest and taxes is $3,000, operating expenses (variable and fixed) is $2,616.2, depreciation is $100, tax rate is 40%, long term debt is $2,000, and equity (both common and preferred) is $4,000?

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