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Use the Table for the Question(s)below

question 10

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Use the table for the question(s) below.
Consider the following balance sheet:
Use the table for the question(s) below. Consider the following balance sheet:      -Luther Corporation's share price is $39 and the company has 20 million shares outstanding. Its excess cash in 2012 is $23.4. If EBIT is 41.2 and tax rate is 35%, its Return on Invested Capital in 2009 is closest to: A) 0.104 B) 0.064 C) 0.038 D) 0.068 Use the table for the question(s) below. Consider the following balance sheet:      -Luther Corporation's share price is $39 and the company has 20 million shares outstanding. Its excess cash in 2012 is $23.4. If EBIT is 41.2 and tax rate is 35%, its Return on Invested Capital in 2009 is closest to: A) 0.104 B) 0.064 C) 0.038 D) 0.068
-Luther Corporation's share price is $39 and the company has 20 million shares outstanding. Its excess cash in 2012 is $23.4. If EBIT is 41.2 and tax rate is 35%, its Return on Invested Capital in 2009 is closest to:


Definitions:

Upward Appeal

A means of influence in which the leader enlists a person with more formal authority to do the influencing.

Compliance

The act of conforming to and following rules, standards, laws, or guidelines set by governing bodies or industry standards.

Implicit Leadership

The idea that leadership qualities are primarily shaped by observers’ beliefs and expectations rather than the explicit traits or behaviors of the leader themselves.

Compassionate

Involves showing sympathy and a desire to help others.

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