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Calculate nopat, invested capital, and roi for cato mills

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Reference no: EM132960901

Question - Cato Mills is a division of Iowa Woolen Products. For the most recent year, Cato had net income of $22,000,000. Included in income was interest expense of $1,400,000. The operation's tax rate is 15 percent. Total assets of Cato Mills are $235,000,000, current liabilities are $52,000,000, and $36,000,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Cato Mills.

Reference no: EM132960901

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