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.