Find NOPAT, invested capital, and ROI for Lawn Mills

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Question - Lawn Mills is a division of Iowa Woolen Products. For the most recent year, Lawn had net income of $18,800,000. Included in income was interest expense of $1,316,000. The operation's tax rate is 25 percent. Total assets of Lawn Mills are $220,900,000, current liabilities are $48,880,000, and $33,840,000 of the current liabilities are noninterest bearing. Find NOPAT, invested capital, and ROI for Lawn Mills.

Reference no: EM133048351

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