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 $ 121,573 x 2013 $ 64,157 x 2014 2013 $1,375,210 $970,720 187,035 98,703 5,955 6,743 121,111 59,999 715,346 399,716 276,487 254,227 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 8.8% * 6.6 % ✔ c. Compute GoPro's return on net operating assets (RNOA) for 2014.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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 $ 121,573 x
2013 $ 64,157 x
2014
2013
$1,375,210 $970,720
187,035 98,703
5,955
6,743
121,111
59,999
715,346 399,716
276,487 254,227
b. Compute GoPro's net operating profit margin (NOPM) for each year.
Round answers to one decimal place. (Ex: 0.2345 = 23.5%)
2014
2013
8.8% *
6.6 % ✔
c. Compute GoPro's return on net operating assets (RNOA) for 2014.
Round answers to one decimal place. (Ex: 0.2345 = 23.5%)
2014
14.8% *
Transcribed Image Text:Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below: ($ 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 $ 121,573 x 2013 $ 64,157 x 2014 2013 $1,375,210 $970,720 187,035 98,703 5,955 6,743 121,111 59,999 715,346 399,716 276,487 254,227 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 8.8% * 6.6 % ✔ c. Compute GoPro's return on net operating assets (RNOA) for 2014. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2014 14.8% *
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