You know your expenses for the coming year excluding


Assume you are not planning to pay out dividends in the coming year. You want to maintain ROIC of 16 %. You have outstanding debts of $56,000,000 and shareholder equity of $75,000,000. You know your expenses for the coming year, excluding variable costs, will be $42,500,000. What must your gross profit be in order to meet this ROIC?

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Business Management: You know your expenses for the coming year excluding
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