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The chief operating officer of the Accustart Corporation is considering the effect of depreciation on the company's ROI. In the most recent year, net

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The chief operating officer of the Accustart Corporation is considering the effect of depreciation on the company's ROI. In the most recent year, net operating profit after taxes was $37,800,000 and Investment (total assets of $496,800,000 less noninterest-bearing current liabilities of $21,600,000) was $475,200,000. (a) Assuming that total assets will decline each year by 4 percent due to depreciation of plant and equipment but NOPAT will remain constant, calculate ROI for each of the next 5 years. (Round answers to 2 decimal places, eg. 15.25%) ROI Year 1 Year 2 Year 3 7.95 % % Year 4

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