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The income statement for Google (ticker: GOOG) is provided below. Revenues Cost of revenues 66,001 25,691 Research and development 9,832 Sales and marketing 8,131 General and administrative 5,851 Total operating expenses 49,505 Income from operations 16,496 Intrerest and other income, net 763 Income before tax 17,259 Provision for income taxes Net income 3,331 13,928 Compute net operating profit after tax (NOPAT) for the period assuming the statutory tax rate (STR) is 37%. 16,496 B 13,447 13,928 D 12,883

The income statement for Google (ticker: GOOG) is provided below. Revenues Cost of revenues 66,001 25,691 Research and development 9,832 Sales and marketing 8,131 General and administrative 5,851 Total operating expenses 49,505 Income from operations 16,496 Intrerest and other income, net 763 Income before tax 17,259 Provision for income taxes Net income 3,331 13,928 Compute net operating profit after tax (NOPAT) for the period assuming the statutory tax rate (STR) is 37%. 16,496 B 13,447 13,928 D 12,883

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 26E: Comprehensive income Anson Industries, Inc., reported the following information on its 20Y1 income...
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The income statement for Google (ticker: GOOG) is provided below. Revenues Cost of revenues 66,001 25,691 Research and development 9,832 Sales and marketing 8,131 General and administrative 5,851 Total operating expenses 49,505 Income from operations 16,496 Intrerest and other income, net 763 Income before tax 17,259 Provision for income taxes Net income 3,331 13,928 Compute net operating profit after tax (NOPAT) for the period assuming the statutory tax rate (STR) is 37%. 16,496 B 13,447 13,928 D 12,883
Transcribed Image Text:The income statement for Google (ticker: GOOG) is provided below. Revenues Cost of revenues 66,001 25,691 Research and development 9,832 Sales and marketing 8,131 General and administrative 5,851 Total operating expenses 49,505 Income from operations 16,496 Intrerest and other income, net 763 Income before tax 17,259 Provision for income taxes Net income 3,331 13,928 Compute net operating profit after tax (NOPAT) for the period assuming the statutory tax rate (STR) is 37%. 16,496 B 13,447 13,928 D 12,883
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