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Berry Corporation reports the following information. Year 7 Year 6 Cash $19,152 $17,388 Net operating working capital 7,380 3,960 Net long-term operating assets 11,232 11,160
Berry Corporation reports the following information.
Year 7 | Year 6 | |
---|---|---|
Cash | $19,152 | $17,388 |
Net operating working capital | 7,380 | 3,960 |
Net long-term operating assets | 11,232 | 11,160 |
Net nonoperating obligations | 3,240 | 2,520 |
Net operating profit after tax | 2,340 | 1,944 |
Weighted average cost of capital | 7% | 7% |
What is the companys residual operating income (ROPI) for Year 7?
Select one:
a. $1,282
b. $1,382
c. $2,182
d. $999
e. None of these are correct
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