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:

Wire Transfers

Electronic methods of moving funds from one bank account to another, either within the same institution or across different institutions.

Point-of-sale Terminals

Electronic devices used in retail locations to process card payments, managing sales and customer transactions directly at the time and place of purchase.

EFTA

The European Free Trade Association, an intergovernmental organization promoting free trade and economic integration to the benefit of its four European member states.

Unauthorized Use

The improper or illegal use of something without permission or beyond the scope granted by its owner or governing rules.