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UliMills is a division of Iowa Woolen Products. For the most recent year,Ulihad net income of $23,200,000. Included in income was interest expense of $1,484,000.
UliMills is a division of Iowa Woolen Products. For the most recent year,Ulihad net income of $23,200,000. Included in income was interest expense of $1,484,000. The operation's tax rate is30percent. Total assets ofUliMills are $249,100,000, current liabilities are $55,120,000, and $38,160,000of the current liabilities are noninterest bearing.
Calculate NOPAT, invested capital, and ROI forUliMills.(Round ROI to 2 decimal places, e.g. 5.25%.)
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