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Solve for NOPAT. Please be thorough and show how you computed your answer. For reference, NOPAT is equal to $11,850. However, I don't know how
Solve for NOPAT. Please be thorough and show how you computed your answer.
For reference, NOPAT is equal to $11,850. However, I don't know how to acquire this name.
Forecasting and Estimating Share Value Using the DCF Model Following are the income statement and balance sheet for Intel Corporation. INTEL CORPORATION Consolidated Statements of Income Year Ended (In millions) Dec. 25, 2010 Dec. 26, 2009 Dec. 27, 2008 $37,586 16,742 20,844 5,722 5,452 710 $ 44,223 15,132 29,091 6,576 6,309 $35,127 15,566 19,561 5,653 7,931 231 35 13,850 5,711 Net revenue Cost of sales Gross margin Research and development Marketing, general and administrative Restructuring and asset impairment charges Amortization of acquisition-related intangibles Operating expense:s Operating income Gains (losses) on equity method investments, net* Gains (losses) on other equity investments, net Interest and other, net Income before taxes Provisions for taxes Net income *This should be considered as operating income 18 12,903 16,188 231 109 16,645 4,581 12,064 (23) 163 5,704 1,335 $ 4,369 11,890 8,954 (1,380) (376) 488 7,686 2,394 $5,292 (b) Compute net operating profit after tax (NOPAT) for 2010, assuming a federal and state statutory tax rate of 37% HINT: Gains/losses on equity method investments are considered operating income. Round your answer to the nearest whole number 2010 NOPAT $ 10,272 (c) Forecast Intel's sales, NOPAT, and NOA for years 2011 through 2014 using the following assumptions: Sales growth Net operating profit margin (NOPM) Net operating asset turnover (NOAT) at fiscal year-end 10% 266 1.50Step by Step Solution
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