General electronics inc had the following data for the year, Ask an Expert

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General Electronics Inc. had the following data for the year ending 12/31/2016: Net income = $300; Net operating profit after taxes (NOPAT) = $399; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,393. What was its return on invested capital (ROIC) in percent?

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Category:- Financial Management
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