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Bitte Helfen Calculating ROI [LO 2] For fiscal year 2017, LaundryMate Products had income as follows: Total assets were $97,000,000, and noninterest-bearing current liabilities were

Bitte Helfen

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Calculating ROI [LO 2] For fiscal year 2017, LaundryMate Products had income as follows: Total assets were $97,000,000, and noninterest-bearing current liabilities were $3,200,000. The company has a required rate of return on invested capital equal to 10 percent. Calculate NOPAT, invested capital, and ROI for LaundryMate Products, and comment on the company's profitability

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