GoPro's earnings before interest and taxes (EBIT) was \$190$190 million. Assuming GoPro's tax rate is 35\%35%, what is their net operating profit after taxes (NOPAT) for 2014 expressed in million of dollars? *Make sure to input all currency answers without any currency symbols or commas, and use two decimal places of precision.

Question

15-07-2019
Business

contestada

GoPro's earnings before interest and taxes (EBIT) was \$190$190 million. Assuming GoPro's tax rate is 35\%35%, what is their net operating profit after taxes (NOPAT) for 2014 expressed in million of dollars? *Make sure to input all currency answers without any currency symbols or commas, and use two decimal places of precision.

Respuesta :

Otras preguntas

The audience for this essay is a college admissions officer. How should the writer revise the paragraph with the audience in mind? O Explain the terms HOSA and

Elizabeth is a district manager for a large manufacturing company. she manages the work of first-line managers. elizabeth would be considered which level of man

On two examinations, you have grades of 86 and 85 . There is an optional final examination, which counts as one grade. You decide to take the final in order

A baseball is hit from an initial height of 3 feet. The baseball reaches its maximum height of 81 feet when it is 156 feet from home plate. Write a quadratic fu

The next step in the translation of this mrna will be the formation of a peptide bond between which two of the numbered amino acids?

Read the excerpt from "The Tell-Tale Heart" below. Using complete sentences, describe how Edgar Allan Poe begins to establish a mood of terror that will continu

Which common causes would the nurse identify for accumulation of fluid in the alveoli and interstitial spaces of the lungs? select all that apply.

Write the simplest polynomial function with the given roots in standard form. 2 Points 4.-2, -, 4

Find the mean and the standard deviation for each set of values. [2 13 15 9 16 5 18 16 12 11 15]

How do you write 1.12 repeating as a mixed number?

Nyctalus Nyctalus · Answer 1 · 2019-07-23T12:25:39+02:00

Answer: 123.5

Explanation: Earnings before interest and tax,that is, EBIT is sometimes used synonymously with operating income is the profits of company before deducting income tax expense and interest expense. These are used to evaluate the performance of company before tax and capital structure affecting it. NOPAT that is net operating profit after tax is calculated by deducting interest and tax from EBT.

THAT IS,

NOPAT = EBT (1- tax rate)

since there is no interest-

EBIT= EBT

Therefore,

NOPAT = 190(1- 35%)

= 123.5