Please provide explanations and Excel formulas. Thank you!

Exercise 12-8 Calculating ROI - SEE TEXTBOOK PAGE 12-29 Required Calculate NOPAT, invested capital, and ROI for LaundryMate Products. Income tax rate = NOPAT = Invested capital = This cell (G23) ROI= = Comment on the company's profitability. Consider the following after you have completed the requirements of E12-8 above. Suppose LaundryMate Products had fully depreciated equipment of which it decided to dispose. Calculate ROI after the disposal of the equipment. The amount of fully NOPAT=+[()]= Adjusted invested capital = New ROI = = What incentives might a manager have to dispose of assets