Computing, Analyzing and Interpreting Residual Operating Income (ROPI)In its annual report for the fiscal year ended July 27, 2019, Cisco Systems reports the following ($ million):Net operating profit after tax (NOPAT)Net operating assets (NOA) beginningJuly 27, 2019$3,404$6,668Assuming the following weighted average cost of capital (WACC), what is Cisco's residual operating income (ROPI) for the fiscal year ended July 27, 2019?WACC7.6%ROPI $ 2,896.192b. At what level of WACC would Cisco not report positive residual operating income for the year?WACC51 %

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Answered: Computing, Analyzing and Interpreting…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 12P

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If Net Working Capital Current Assets - Current Liabilities, what is Kelley Corp's net working capital for the year ending December 31, 2023, given the following account balances? Accounts Receivable: $40 Equipment: $20 Accumulated Depreciation: $10 Patent: $50 Inventory: $15 Accounts payable: $30 Goodwill: $65 Long-term note payable: $70 =
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Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitech's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended March 31, 2019 ($ thousands). Note: Complete the entire question using the following Excel template: Excel Template. Then enter the answers into the provided spaces below with two decimal places. Financial information Net sales Net operating profit after tax (NOPAT) Net operating assets (NOA) $2,788,322 211,362 571,823 Use the parsimonious method to forecast Logitech's sales, NOPAT, and NOA for fiscal years ended March 31, 2020 through 2023 using the following assumptions. Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with two decimal places_. Note: When completing the question…
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On December 31, 2024, the end of the fiscal year, California Microtech Corporation held its semiconductor business for sale at year- end. The estimated fair value of the segment's assets, less costs to sell, on December 31 was $9 million. The semiconductor business segment qualifies as a component of the entity according to GAAP. Consider the following additional information: • The book value of the assets of the segment at the time of the sale was $10 million. The loss from operations of the segment during 2024 was $3.7 million. Pretax income from other continuing operations for the year totaled $5.9 million. The income tax rate is 25%. ● Prepare the lower portion of the 2024 income statement beginning with income from continuing operations before income taxes. Note: Loss amounts should be indicated with a minus sign. Enter your answers in whole dollars and not in millions. For example, $4,000,000 rather than $4.
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General accounting
Doris company has the following information for the year March 2021: selling, general and admin expenses were P178,200 Net sales=P810,000 Interest expenses=P19,400 Research and development=P85,050 Net cash provided by operating activities=P215,100 Income tax expenses=P18,160 COGS=P445,500 Compute operating income and net income for the period ending March 2021.
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