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Question 6 of 7 Question 6 of 7 < View Policies Current Attempt in Progress - / 40 Runner Mills is a division of Iowa
Question 6 of 7 < View Policies Current Attempt in Progress - / 40 Runner Mills is a division of Iowa Woolen Products. For the most recent year, Runner had net income of $18,000,000. Included in income was interest expense of $ The operation's tax rate is 20 percent. Total assets of Runner Mills are $211,500,000, current liabilities are $46,800,000, and $32,400,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Runner Mills. (Round ROI to 2 decimal places, e.g. 5.25%.) NOPAT Invested capital ROI e Textbook and Media
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