What are the three steps to assess the impact of


1. What are the three steps to assess the impact of nonoperating expenses and one-time charges on cash flow projections?

2. ValueCo generates $10 million in after-tax operating profit on $100 million in operating assets. The company has $20 million in accounts payable, $15 million in product warranty reserves, $5 million in severance reserves, $30 million in long-term debt, and $30 million in equity. What is ValueCo's return on invested capital (ROIC)?

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Business Management: What are the three steps to assess the impact of
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