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Business, 17.02.2020 19:30 mustafakhalil02

Herring Corporation has operating income of $270,000 and a 40% tax rate. The firm has short-term debt of $119,000, long-term debt of $316,000, and common equity of $435,000. What is its return on invested capital?

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Herring Corporation has operating income of $270,000 and a 40% tax rate. The firm has short-term deb...
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