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Internet Corporation has EBIT of $1 million, 30% debt in theircapital structure, and total

Internet Corporation has EBIT of $1 million, 30% debt in theircapital structure, and total

Internet Corporation has EBIT of $1 million, 30% debt in theircapital structure, and total capital of $10 million. Their tax rateis 35%. What is their return on capital employed (ROCE)?

 

 

6.5%

 

 

10.0%

 

 

33.33%

 

 

21.67%

Abhinav 04-Dec-2019

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