Question 1: Return on capital (ROC) Estimated by dividing the after-tax operating income (NOPAT) by the ________ of invested capital. | |||
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Question 2: It is defined as net operating profit less adjusted taxes divided by invested capital and is usually expressed as a ________. | |||
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Question 3: When the return on capital is greater than the ________ (usually measured as the weighted average cost of capital), the company is creating value; when it is less than the cost of capital, value is destroyed. | |||
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