Return on invested capital (ROIC) is used to gauge how well a company allocates capital to profitable activities. Total debt and capital lease obligations are added to the amount of equity issued ...
Baldwin, Carliss Y. "Return on Invested Capital (ROIC)." In The Palgrave Encyclopedia of Strategic Management. Continuously updated edition, edited by Mie Augier and David J. Teece. Palgrave Macmillan ...
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