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Use the data below to compute 2014 NOPAT: 2014 2013 Cash 13 15 Short-term investments 6 69 Accounts receivable 368 316 Inventories 555 417 Property,
Use the data below to compute 2014 NOPAT:
2014 | 2013 | |
Cash | 13 | 15 |
Short-term investments | 6 | 69 |
Accounts receivable | 368 | 316 |
Inventories | 555 | 417 |
Property, plant & equipment (net) | 929 | 874 |
Accounts payable | 48 | 31 |
Short-term debt | 95 | 65 |
Accrued liabilities | 146 | 133 |
Long-term debt | 662 | 583 |
Common stock | 130 | 130 |
Retained earnings | 770 | 712 |
Net revenue | 3,143 | 2,851 |
Depreciation expense | 114 | 93 |
Interest | 90 | 61 |
Taxes | 80 | 81 |
Net income | 253 | 121 |
(Round to the nearest whole dollar)
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