Question: true or false (If false explain) 8. Since profit is measured over an entire year, whereas capital is measured at only one point in time,

true or false (If false explain)

8. Since profit is measured over an entire year, whereas capital is measured at only one point in time, it is recommended that return on invested capital (ROIC) use the average of starting and ending invested capital. True/false

9. To forecast the balance sheet, it is best to first forecast invested capital of financing separately. True/false

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