NAIMMCQ Economics A company has a target of generating a return on invested capital (ROIC) of at least 12%. The company's total capital, including equity, debt and preferred shares, is $200 million. It pays out $11 million in annual dividends on common stock. What net income will hit the ROIC target?

A company has a target of generating a return on invested capital (ROIC) of at least 12%. The company's total capital, including equity, debt and preferred shares, is $200 million. It pays out $11 million in annual dividends on common stock. What net income will hit the ROIC target?

Economics

A company has a target of generating a return on invested capital (ROIC) of at least 12%. The company's total capital, including equity, debt and preferred shares, is $200 million. It pays out $11 million in annual dividends on common stock. What net income will hit the ROIC target?

A) At least $13 million
B) At least $24 million
C) At least $35 million
D) At least $49 million

Answer: B

NAIMMCQ

A company has a target of generating a return on invested capital (ROIC) of at least 12%. The company's total capital, including equity, debt and preferred shares, is $200 million. It pays out $11 million in annual dividends on common stock. What net income will hit the ROIC target?

A company has a target of generating a return on invested capital (ROIC) of at least 12%. The company's total capital, including equity, debt and preferred shares, is $200 million. It pays out $11 million in annual dividends on common stock. What net income will hit the ROIC target?

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