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Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below: ( $ thousands ) 2 0 1 4

Computing NOPAT, NOPM and RNOA
Selected information from the financial statements of GoPro, Inc. is provided below:
($ thousands)20142013
Revenue $1,394,205 $985,737
Operating income 187,03598,703
Net interest expense and other nonoperating expense 6,0607,374
Net income 128,08860,578
Operating assets 815,364439,671
Operating liabilities 276,487254,227
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.
2014 Answer
121,572,750
2013 Answer
64,156,950
b. Compute GoPros net operating profit margin (NOPM) for each year.
Round answers to one decimal place. (Ex: 0.2345=23.5%)
2014 Answer
8.7
2013 Answer
6.5
c. Compute GoPros return on net operating assets (RNOA) for 2014.
Round answers to one decimal place. (Ex: 0.2345=23.5%)
2014 Answer
19.4

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