Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i need help finding the Net operating profit after tax (NOPAT) with 21% tax rate for 2019 UBER TECHNOLOGIES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In
i need help finding the Net operating profit after tax (NOPAT) with 21% tax rate for 2019
UBER TECHNOLOGIES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except share amounts which are reflected in thousands, and per share amounts) 298081913 Year Ended December 31, 2017 2018 2019 Revenue $ 7.932 $ 11,270 $ 14,147 Costs and expenses Cost of revenue, exclusive of depreciation and amortization shown separately below 4,160 5.623 7,208 Operations and support 1,354 1,516 2,302 Sales and marketing 2,524 3.151 4,626 Research and development 1,201 1,505 4,836 General and administrative 2.263 2,082 3,299 Depreciation and amortization 510 426 472 Total costs and expenses 12,012 14,303 22,743 Loss from operations (4,080) (3,033) (8,596) Interest expense (479) (648) (559) Other income (expense), net (16) 4,993 722 Income (loss) before income taxes and loss from equity method investment (4,575) 1,312 (8,433) Provision for (benefit from) income taxes (542) 283 45 Loss from equity method investment, net of tax (42) (34) Net income (loss) including non-controlling interests (4,033) 987 (8.512) Less: net loss attributable to non-controlling interests, net of tax (10) (6) Net income (loss) attributable to Uber Technologies, Inc. $ (4.033) $ 997 (8.506) Net income (loss) per share attributable to Uber Technologies, Inc. common stockholders: Basic S (9.46) S $ (6.81) Diluted $ (9.46) $ $ (6.81) Weighted average shares used to compute net income (loss) per share attributable to common stockholders: Basic 426,360 443,368 1,248,353 Diluted 426.360 478.999 1.248.353 The accompanying notes are an integral part of these consolidated financial statements. 79Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started