Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below: ($ thousands) Revenue Operating income Net interest expense and other nonoperating expense Net income Operating assets Operating liabilities Assume a statutory tax rate of 35%. a. Compute GoPro's net operating profit after taxes (NOPAT) for 2014 and 2013. Round answers to the nearest whole number. 2014 $ 1 x 2013 $ 64,157 x b. Compute GoPro's net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2014 2013 2014 2013 $1,394,205 $985,737 187,035 98,703 6,060 7,374 128,088 60,578 815,364 439,671 276,487 254,227 8.7 % * 6.5 % * c. Compute GoPro's return on net operating assets (RNOA) for 2014. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2014 18.8% *
Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below: ($ thousands) Revenue Operating income Net interest expense and other nonoperating expense Net income Operating assets Operating liabilities Assume a statutory tax rate of 35%. a. Compute GoPro's net operating profit after taxes (NOPAT) for 2014 and 2013. Round answers to the nearest whole number. 2014 $ 1 x 2013 $ 64,157 x b. Compute GoPro's net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2014 2013 2014 2013 $1,394,205 $985,737 187,035 98,703 6,060 7,374 128,088 60,578 815,364 439,671 276,487 254,227 8.7 % * 6.5 % * c. Compute GoPro's return on net operating assets (RNOA) for 2014. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2014 18.8% *
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Computing NOPAT, NOPM and RNOA
Selected information from the financial statements of GoPro, Inc. is provided below:
($ thousands)
Revenue
Operating income
Net interest expense and other nonoperating expense
Net income
Operating assets
Operating liabilities
Assume a statutory tax rate of 35%.
a. Compute GoPro's net operating profit after taxes (NOPAT) for 2014 and 2013.
Round answers to the nearest whole number.
2014 $
1 x
2013 $ 64,157 x
b. Compute GoPro's net operating profit margin (NOPM) for each year.
Round answers to one decimal place. (Ex: 0.2345 = 23.5%)
2014
2013
2014
2013
$1,394,205 $985,737
187,035 98,703
6,060
7,374
128,088
60,578
815,364 439,671
276,487 254,227
8.7% *
6.5% *
c. Compute GoPro's return on net operating assets (RNOA) for 2014.
Round answers to one decimal place. (Ex: 0.2345 = 23.5%)
2014
18.8% *
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