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Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below: ($ thousands) 2014 2013 Revenue $1,394,205 $985,737 Operating
Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below: ($ thousands) 2014 2013 Revenue $1,394,205 $985,737 Operating income 187,035 98,703 Net interest expense and other nonoperating expense 6,060 7,374 Net income 128,088 60,578 Operating assets 815,364 439,671 Operating liabilities 276,487 254,227 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 $ 121,572,75 x 2013 $ 64,156,950 x b. Compute GoPro's net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 8.7% x 6.5% x 2014 2013 C. Compute GoPro's return on net operating assets (RNOA) for 2014. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2014 19.4% X
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