Multiple Choice
Mikon Inc.generates a net profit of $64 million from $160 million of invested capital.Calculate its return on capital.
A) 4%
B) 40%
C) 16%
D) 61%
E) 24%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q41: A combination of market growth and market
Q42: Calculate the total value of owner's equity
Q43: A business's return on sales is _.<br>A)sales
Q44: The only source of positive cash flow
Q45: Calculate the cost of capital of Grantz
Q47: A business realizes a net profit of
Q48: Calculate the economic profit generated by a
Q49: Explain the three shareholder metrics used in
Q50: Rondon Inc.has 48 million shares outstanding with
Q51: Return measures of performance are valid indicators