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In its most recent annual report, a company reported net operating profit after tax (NOPAT) of $19,460. Its net operating assets at the beginning

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In its most recent annual report, a company reported net operating profit after tax (NOPAT) of $19,460. Its net operating assets at the beginning of the year were $389,200. Based on this information, was the company's residual operating income (ROPI) positive or negative, and why? Assume a weighted average cost of capital of 7.2%. Positive, because the realized NOPAT is more than the expected NOPAT Negative, because the realized NOPAT is less than the expected NOPAT Positive, because the realized NOPAT is less than the expected NOPAT Negative, because the realized NOPAT is more than the expected NOPAT

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