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Business, 13.02.2020 06:14 Nowellkwaku

Herring Corporation has operating income of $265,000 and a 25% tax rate. The firm has short-term debt of $110,000, long-term debt of $349,000, and common equity of $459,000. What is its return on invested capital?

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Herring Corporation has operating income of $265,000 and a 25% tax rate. The firm has short-term deb...
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