What is the firms NOPAT?

What is the firms NOWAC?

What is the firms TNOC?

What is the firms Net investment in TNOC?

Please respond for 2017 and 2016 when possible

Pettijohn Inc. Balance Sheet (Millions of \$) 20172016 Assets \begin{tabular}{lrr} Cash and securities & 244 & 390 \\ Accounts receivable & 7,530 & 6,940 \\ Inventories & 10,980 & 9,570 \\ \hline Total current assets & 18,754 & 16,900 \\ Net plant and equipment & 17,990 & 18,230 \\ \hline Total assets & 36,744 & 35,130 \\ \hline \end{tabular} Liabilities and Equity Accounts payable Notes payable \begin{tabular}{lrr} Accruals & 4,120 & 3,900 \\ \hline Total current liabilities & 16,430 & 16,650 \end{tabular} \begin{tabular}{lrr} Long-term bonds & 10,920 & 10,920 \\ \hline Total debt & 27,350 & 27,570 \end{tabular} Common stock 3,3603,360 \begin{tabular}{lrr} Retained earnings & 6,034 & 4,200 \\ \hline Total common equity & 9,394 & 7,560 \\ \hline Total liabilities and equity & 36,744 & 35,130 \\ \hline \end{tabular} Income Statement (Millions of \$) 2017 Net sales 51,561 Operating costs except deprin 47,252 \begin{tabular}{lr} Depreciation & 980 \\ \hline Earnings before interest and taxes (EBIT) & 3,329 \end{tabular} \begin{tabular}{lr} Less interest & 508 \\ \hline Earnings before taxes (EBT) & 2,821 \end{tabular} \begin{tabular}{lr} Taxes & 987 \\ \hline Net income & 1,834 \\ \hline \end{tabular} Other data: Shares outstanding (millions) 175.00 Common dividends (millions) 825.15 Interest rate on notes payable < bonds 6.25% Federal plus state income tax rate 0.35 Year-end stock price 55.00 Tax rate 35.00% WACC 10.00%