For fiscal year 2017, Crown Point Products had income as follows:

Sales $54,000,000

Less:

Cost of goods sold 38,200,000

Selling and administrative expense 5,670,000

Interest expense 1,030,000

Income before taxes 9,100,000

Less income taxes 3,185,000

Net income $5,915,000

Total assets were $95,000,000, and noninterest-bearing current liabilities were $3,500,000. The company has a required rate of return on invested capital equal to 12 percent.

Calculate NOPAT, invested capital, and ROI for Crown Point Products. (Round ROI to 2 decimal places, e.g. 15.25%.)

NOPAT $

Invested capital $

ROI %

Comment on the companys profitability.

The company

isis not

performing well.