Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is...
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Accounting
Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below:
($ thousands) | 2014 | 2013 |
---|---|---|
Revenue | $1,294,201 | $895,738 |
Operating income | 187,035 | 98,703 |
Net interest expense and other nonoperating expense | 6,150 | 6,994 |
Net income | 130,078 | 59,578 |
Operating assets | 814,347 | 437,570 |
Operating liabilities | 276,487 | 254,227 |
Assume a statutory tax rate of 35%.
a. Compute GoPros net operating profit after taxes (NOPAT) for 2014 and 2013. Round answers to the nearest whole number.
2014 | Answer
|
2013 | Answer
|
b. Compute GoPros net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%)
2014 | Answer
|
2013 | Answer
|
c. Compute GoPros return on net operating assets (RNOA) for 2014. Round answers to one decimal place. (Ex: 0.2345 = 23.5%)
2014 | Answer
|
The answers I found are not correct, could some one help me with this problem?
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