ssignment Question 6 of 7 < > View Policies Current Attempt in Progress - / 40 Cato Mills is a division of lowa Woolen Products. For the most recent year, Cato had net income of $22,000,000. Included in income was interest expense of $1,400,000. The operation's tax rate is 15 percent. Total assets of Cato Mills are $235,000,000, current liabilities are $52,000,000, and $36,000,000 of the current liabilities are noninterest bearing. Calculate NOPAT, invested capital, and ROI for Cato Mills. (Round ROI to 2 decimal places, e.g. 5.25%.) NOPAT Invested capital ROI $ $ eTextbook and Media Save for Later % Attempts: 0 of 1 used Submit Answer