Compute NOPAT, invested capital, and ROI for Richetti Mills

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Question - Richetti Mills is a division of lowa Woolen Products. For the most recent year, Richetti had net income of $22,800,000. Included in income was interest expense of $1,736,000. The operation's tax rate is 25 percent. Total assets of Richetti Mills are $291,400,000, current liabilities are $64,480,000, and $44,640,000 of the current liabilities are noninterest bearing. Compute NOPAT, invested capital, and ROI for Richetti Mills.

Reference no: EM133064567

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