Short-term investments 200 stockholders equity 1800 total, Finance Basics

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Short-term investments 200 stockholders equity 1800 total

Tibbs Inc. had the following data for the year ending 12/31/07: Net income = $300; Net operating profit after taxes (NOPAT) = $400; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,300. What was its return on invested capital (ROIC)?

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Finance Basics: Short-term investments 200 stockholders equity 1800 total

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Finance Basics: Short-term investments 200 stockholders equity 1800 total

Reference No:- TGS0624415

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : The supersonic aircraft concorde has a length of 622m when

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Short-term investments 200 stockholders equity 1800 total

Reference No:- TGS0624415

Recent Questions Asked Finance Basics

Q : The supersonic aircraft concorde has a length of 622m when

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