chap008 Return on Invested Capital(财务报表分析-台湾中兴大学).pptVIP

Return on Invested Capital 2 2 2 2 2 2 2 2 2 2 2 2 Sales to Cash: Reflects trade-off between liquidity and accumulation of low-return funds Sales to Receivables: Reflects trade-off between increased sales and accumulation of funds in receivables Sales to Inventories: Reflects trade-off between funds accumulated in inventory and the potential loss of current and future sales Sales to Fixed Assets: Reflects trade-off between fixed asset investments having high break-even points and investments in more efficient, productive assets with high sales potential Sales to Other Assets: Reflect