What is National Co.’s net operating profit after taxes (NOPAT) for 2022? NATIONAL CO.: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31(MILLIONS OF PHP)20222021P3,600.0 P3,000.03.060.0P 540.090.0P 450.065.0P 385.0154.0Р 231.0P 181.5SalesOperating costs (excluding depreciation and amortization)Е ВITDADepreciation and amortizationE arnings before interest and taxesInterestE arnings before taxesTaxes (40%)Net income available to common stockholders2,550.0P 450.075.0P 375.060.0P 315.0126.0P 189.0P 13.2Common dividendsNATIONAL CO.: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31(MILLIONS OF PHP)20222021Assets:Cash and marketable securitiesP 36.0540.0P 30.0450.0Accounts receivableInventoriesTotal current assets540.0P1,116.0900.0P2.016.0600.0P1,080.0750.0P1.830.0Net plant and equipmentTotal assetsLiabilities and equity:Accounts payableNotes payableP 324.0P 270.0155.0201.0AccrualsTotal current lia biltiesLong-term bondsTotal debtCommon stock (50 million shares)Retained earningsTotal com mon equityTotal liabilities and equity216.0P 741.0450.0P1,191.0180.0P 605.0450.0P1,055.0150.0150.0675.0P 825.0P2.016.0625.0P 775.0P1.830.0

Operating Profit: Operating profit is the amount of revenue realized from the operations of the…

Answered: net operating profit after taxes

Business

Accounting

net operating profit after taxes

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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