Rae corporation has 100000000 in invested capital calculate


Question - Rae Corporation has $100,000,000 in invested capital. The income (NOPAT) is $12,000,000. Sales were $240,000,000. The required return is 10%.

Calculate the investment turnover for Rae Corporation.

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Accounting Basics: Rae corporation has 100000000 in invested capital calculate
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