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OakMills is a division of Iowa Woolen Products. For the most recent year,Oakhad net income of $19,600,000. Included in income was interest expense of $1,372,000.
OakMills is a division of Iowa Woolen Products. For the most recent year,Oakhad net income of $19,600,000. Included in income was interest expense of $1,372,000. The operation's tax rate is35percent. Total assets ofOakMills are $230,300,000, current liabilities are $50,960,000, and $35,280,000of the current liabilities are noninterest bearing.
Calculate NOPAT, invested capital, and ROI forOakMills.
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