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Calculate NOPAT, invested capital, and ROI for Cinrich Mills

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Reference no: EM133021763

Question - Cinrich Mills is a division of Iowa Woolen Products. For the most recent year, Cinrich had net income of $22,800,000. Included in income was interest expense of $1,456,000. The operation's tax rate is 25 percent. Total assets of Cinrich Mills are $244,400,000, current liabilities are $54,080,000, and $37,440,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Cinrich Mills.

Reference no: EM133021763

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