The Return on Invested Capital (ROIC)differs from the Return on Assets

question 116

True/False

The return on invested capital (ROIC)differs from the return on assets (ROA).First,ROIC is based on total invested capital rather than total assets.Second,the numerator of the ROIC is after-tax operating income rather than net income.

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Definitions:

Fair Labor Standards Act

U.S. legislation enacted in 1938 to protect workers against unfair pay and employment practices, establishing minimum wage, overtime pay eligibility, and child labor standards.

Compa-ratio

A comparison ratio that measures an employee's salary relative to the median or midpoint of the market rate for their job.

Pay Range

The spectrum of compensation offered for different positions within a company, indicating the minimum and maximum pay for each role.

Market-pay Surveys

Studies or analyses performed to gather data on prevailing wage rates for different jobs in the market.