Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below:

($ thousands)20142013Revenue$1,385,306$995,736Operating income187,03598,703Net interest expense and other nonoperating expense7,0608,374Net income118,08755,578Operating assets817,365440,671Operating liabilities276,487254,227

Assume a statutory tax rate of 35%.

a. Compute GoPros net operating profit after taxes (NOPAT) for 2014 and 2013. Round answers to the nearest whole number.

2014Answer2013Answer

b. Compute GoPros net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%)

2014Answer2013Answer

c. Compute GoPros return on net operating assets (RNOA) for 2014. Round answers to one decimal place. (Ex: 0.2345 = 23.5%)

2014