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QUESTION BELOW Question 2 (6 points) Green Company engages in the manufacture and sale of highend clothing worldwide. Its income statement for the year ending

QUESTION BELOW

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Question 2 (6 points) Green Company engages in the manufacture and sale of highend clothing worldwide. Its income statement for the year ending June 30, 2021 and selected amounts from its June 30, 2021 balance sheet follow: Total revenue $220,000 Cost of goods sold 90,000 Gross prot 130,000 Operating expenses 85,000 Operating income or loss 45,000 Total other income, net 2,000 Earnings before interest and taxes 47,000 Interest expense 1,800 Income before tax 45,200 Income tax expense 13,560 Net Income 31,640 Assume the marginal tax rate is 30%. June 30, 2021 June 30, 2020 Total operating assets $280,000 $265,000 Total operating liabilities 175,000 180,000 Determine the following for Green for its year ending June 30, 2021: a. NOPAT. (2 points) b. RNOA. (2 points) c. NOPM. (2 points)

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