Examlex
Which of the following statements about market-oriented strategy planning is TRUE?
Return on Invested Capital (ROIC)
A profitability ratio that measures the return that an investment generates for those who have provided capital, either debt or equity.
Net Operating Profit After Taxes (NOPAT)
NOPAT is a measure of a company's operating efficiency, indicating the profit generated from operations after taxes but before financing costs and non-operating gains and losses.
Shareholders' Equity
The owners' equity in a corporation, calculated as the company's total assets minus its total liabilities.
Corporate Tax Liability
The total amount of taxes owed by a corporation based on its taxable income.
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