For fiscal year 2020, Laundry Mate Products had income as follows: $ 55,000,000 Sales Less: Cost of goods sold Selling and administrative expense Interest expense Income before taxes Less income taxes Net income $ 38,400,000 5,700,000 1,000,000 45,100,000 9,900,000 1,980,000 $ 7,920,000 Other pertinent information for 2020 follows: Total assets Noninterest-bearing current liabilities Required rate of return on invested capital $ 97,000,000 3,200,000 10% Required Calculate NOPAT, invested capital, and ROI for Laundry Mate Products. Income tax rate= NOPAT + x( )]= Invested capital = = ROI = Comment on the company's profitability. What-it? Consider the following after you have completed the requirements of E12-8 above. Suppose Laundry Mate Products had $11,000,000 of fully depreciated equipment of which it decided to dispose. Calculate ROI after the disposal of the equipment. NOPAT = + [ * )]= Adjusted invested capital = New RI = What incentives might a manager have to dispose of assets