Duffy Dog Mills is a division of Iowa Woolen Products. For the most recent year, Duffy Dog had net income of $19,400,000. Included in income was interest expense of $1,460,000. The operations tax rate is 40 percent. Total assets of Duffy Dog Mills are $237,000,000, current liabilities are $51,100,000, and $37,000,000 of the current liabilities are noninterest bearing.

Calculate NOPAT, invested capital, and ROI for Duffy Dog Mills. (Round ROI to 2 decimal places, e.g. 15.25%.)

NOPAT $

Invested capital $

ROI %