Calculate NOPAT, invested capital, and ROI for Uli Mills

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Question - Uli Mills is a division of Iowa Woolen Products. For the most recent year, Uli had net income of $23,200,000. Included in income was interest expense of $1,484,000. The operation's tax rate is 30 percent. Total assets of Uli Mills are $249,100,000, current liabilities are $55,120,000, and $38,160,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Uli Mills.

Reference no: EM133032096

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