Calculate NOPAT, invested capital, and ROI

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Question - Paver Mills is a division of Iowa Woolen Products. For the most recent year, Paver had net income of $21,600,000. Included in income was interest expense of $1,232,000. The operation's tax rate is 35 percent. Total assets of Paver Mills are $206,800,000, current liabilities are $45,760,000, and $31,680,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Paver Mills.

Reference no: EM132917217

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