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CDC Enterprises produced an operating income(EBIT) 1,960,000. The corporate income tax was 30%. The total

net operating capital was 6,800,000. How much was the return on invested capital?

Group of answer choices

A. Solution <= 10%

B.10% < solution <= 12%

C.12% < solution <= 14%

D.14% < solution <= 16%

E.16% < solution

Top Answer

The correct option is : E.... View the full answer

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