Davenport Mills is a division of Iowa Woolen Products. For the most recent year, Davenport had net income of $20,000,000. Included in income was interest expense of $1,400,000. The operation’s tax rate is 20 percent. Total assets of Davenport Mills are $235,000,000, current liabilities are $52,000,000, and $36,000,000 of the current liabilities are noninterest bearing. 

Required 

Calculate NOPAT, invested capital, and ROI for Davenport Mills. For ROI, round to two decimal places.