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Calculate nextimes return on invested capital, or roic

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Question

Nextime Ltd. has operating profits (EBIT) of $87 million, a tax rate of 35%, net working capital of $129 million, and fixed assets of $285 million. Calculate Nextime's return on invested capital, or ROIC.

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132354230

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