What is the comparison of Returned on Invested Capital between Alex Company and the industry Average? Which one is better in terms of performance? Industry Average (ROIC) 2017: 16.35 2018: 1.43 2019: 0.58 Alex company (ROIC) 2017: 2.90 2018: 2.94 2019: 2.24

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter5: Evaluating Operating And Financial Performance
Section: Chapter Questions
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What is the comparison of Returned on Invested Capital between Alex Company and the industry Average? Which one is better in terms of performance? Industry Average (ROIC) 2017: 16.35 2018: 1.43 2019: 0.58 Alex company (ROIC) 2017: 2.90 2018: 2.94 2019: 2.24
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