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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 $1,392,450 $984,725 Operating
Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below: ($ thousands) 2014 2013 Revenue $1,392,450 $984,725 Operating income 187,035 98,703 Net interest expense and other nonoperating expense 6,032 7,357 Net income 125,888 60,758 Operating assets 815,643 439,716 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 $ 121,967 x 2013 $ 55,976 x b. Compute GoPro's net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 8.8 % X 2013 5.7% * 2014 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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