What is the full form of "ROIC"?
A. Ratio of Invested Capital
B. Revenue of Capital Index
C. Return on Invested Capital
D. Return of Investment Cash
Answer: Option C
Solution (By Examveda Team)
Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. The return on invested capital ratio gives a sense of how well a company is using its capital to generate profits.This Question Belongs to Abbreviations >> Finance Abbreviations
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