What is the NOPAT invested capital and residual income

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Question - For fiscal year 2018, Marx Department Store had net income of $6,050,000. Interest expense was $2,268,750, and the company's tax rate on income was 40 percent. Total assets were $75,425,000, and noninterest-bearing current liabilities were $6,316,800. The company's cost of capital (required rate of return) is 10 percent.

What is the NOPAT, invested capital, and residual income for Marx Department Store.

Reference no: EM132255103

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