Tri TownMills is a division of Iowa Woolen Products. For the most recent year,Tri Townhad net income of $19,200,000. Included in income was interest expense of $1,344,000. The operation's tax rate is30percent. Total assets ofTri TownMills are $225,600,000, current liabilities are $49,920,000, and $34,560,000of the current liabilities are noninterest bearing.

Calculate NOPAT, invested capital, and ROI forTri TownMills.(Round ROI to 2 decimal places, e.g. 5.25%.)

NOPAT$

enter NOPAT in dollars rounded to 0 decimal places

Invested capital$

enter Invested capital in dollars rounded to 0 decimal places

ROIenter the return on investment in dollars rounded to 2 decimal places

%

Tri Town Mills is a division of lowa Woolen Products. For the most recent year, Tri Town had net income of $19,200,000. Included in income was interest expense of $1,344,000. The operation's tax rate is 30 percent. Total assets of Tri Town Mills are $225,600,000, current liabilities are $49,920,000, and $34,560,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Tri Town Mills. (Round ROI to 2 decimal places, e.g. 5.25%.) NOPAT Invested capital $ ROI %