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Use following information to calculate Net Operating Profit After Tax (NOPAT) for Walmart for 2011: Walmart INCOME STATEMENT 2010 2011 TOTAL REVENUE 421,849 OPERATING EXPENSES
Use following information to calculate Net Operating Profit After Tax (NOPAT) for Walmart for 2011:
Walmart | |||
INCOME STATEMENT | 2010 | 2011 | |
TOTAL REVENUE | 421,849 | ||
OPERATING EXPENSES | 396,307 | ||
OPERATING PROFIT (EBIT) | 25,542 | ||
Non-operating Expenses(Net Interest expense) | 2,004 | ||
TAXABLE PROFIT (EBT) | 23,538 | ||
Tax | 7,579 | ||
NET INCOME FROM CONTINUED OPERATIONS | 15,959 | ||
BALANCE SHEET | 2010 | 2011 | AVERAGE |
OPERATING ASSETS | 162,360 | 173,137 | 167,749 |
NON-OPERATING ASSETS | 8,047 | 7,526 | 7,787 |
TOTAL ASSETS | 170,407 | 180,663 | 175,535 |
OPERATING LIABILITY | 56,040 | 59,097 | 57,569 |
NON-OPERATING LIABILITY | 41,719 | 50,319 | 46,019 |
SH EQUITY | 72,648 | 71,247 | 71,948 |
TOTAL LIAB + EQUITY | 170,407 | 180,663 | 175,535 |
Calculate Net Operating Profit After Tax (NOPAT) for Walmart for 2011:
A. | $16,487 | |
B. | $12,976 | |
C. | $17,222 | |
D. | $13,987 | |
E. | $29,435 |
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