Revenue Computing NOPAT, NOPM and RNOA LVMH Mot Hennessy Louis Vuitton SE (LVMH) is a French multinational luxury goods conglomerate headquartered in Paris. The following information is selected from their 2017 annual report. ( thousands) 2017 2016 42,636 37,600 Operating income 8,113 6,904 Net interest expense and other nonoperating expense 179 Net income 5,616 4,363 Operating assets 67,246 58,504 Operating liabilities 26,714 24,340 432 LVMH has an income tax rate of approximately 30% a. Compute LVMH's net operating profit after taxes (NOPAT) for 2017 and 2016. Round answers to the nearest whole number, 2016 4,833 x 2017 E 5,679 X b. Compute LVMH's net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2016 18.3% X 2017 13.3% X c. Compute LVMH's return on net operating assets (RNOA) for 2017. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2017 14.1% x