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Golden Mills is a division of lowa Woolen Products. For the most recent year, Golden had net income of $22,800,000. Included in income was interest

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Golden Mills is a division of lowa Woolen Products. For the most recent year, Golden had net income of $22,800,000. Included in income was interest expense of $1,596,000. The operation's tax rate is 25 percent. Total assets of Golden Mills are $267,900,000, current liabilities are $59,280,000, and $41,040,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Golden Mills. (Round ROI to 2 decimal places, e.g. 5.25%.) NOPAT $ Invested capital ROI % Clinton Hospital is a division of Superior Healthcare that is organized as an investment center. In the past year, the hospital reported an after-tax income of $4,200,000. Total interest expense was $1,980,000, and the hospital's tax rate was 20 percent. Hospital assets totaled $42,000,000, and noninterest-bearing current liabilities were $13,680,000. Superior has established a required rate of return equal to 18 percent of invested capital. Calculate the residual income/EVA of Clinton Hospital. (Enter negative answers preceding either - sign, e.g. -45 or in parentheses, e.g. (45).) Residual income/EVA

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