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Calculate NOPAT, invested capital, and ROI for Foress Mills

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Reference no: EM132755664

Question - Foress Mills is a division of Iowa Woolen Products. For the most recent year, Foress had net income of $19,200,000. Included in income was interest expense of $1,400,000. The operation's tax rate is 40 percent. Total assets of Foress Mills are $230,000,000, current liabilities are $51,400,000, and $35,000,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Foress Mills.

Reference no: EM132755664

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