精选优质文档-倾情为你奉上Chapter 8Return On Invested Capital And Profitability AnalysisREVIEWReturn on invested capital is important in our analysis of financial statements. Financial statement analysis involves our assessing both risk and return. The prior three chapters focused primarily on risk, whereas this chapter extends our analysis to return. Return on invested capital refers to a companys earnings relative to both the level and source of financing. It is a measure of a companys
