Spencer Inc

question 12

Multiple Choice

Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $500; Total assets = $4,000; Short-term investments = $500; Stockholders equity = $2,000; Debt = $1,000; and Total net operating capital = $2500. What is the Return on invested capital (ROIC) for the current year?

• A) 15.0%
• B) 20.0%
• C) 24.0%
• D) 25.0%
• E) 30.0%

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Definitions:

Somatic Symptom Disorder

Syndrome marked by health concerns that are excessive given actual physical health, that persist despite contrary evidence, and that interfere with daily functioning.

Cognitive Therapies

Psychological treatments aimed at addressing and reshaping negative thought patterns that contribute to emotional distress and mental health issues.

Maladaptive Interpretations

Patterns of thinking or interpreting information and experiences in a way that is counterproductive or harmful to one's mental health.

Conversion Disorder

A mental health condition where a person has physical symptoms (such as paralysis, blindness) without a physiological cause, believed to stem from psychological conflict.