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Computing NOPAT, NOPM and RNOA Selected information from the financial statements of GoPro, Inc. is provided below:
| ($ thousands) | 2014 | 2013 |
| Revenue | $1,294,201 | $895,738 |
| Operating income | 187,035 | 98,703 |
| Net interest expense and other nonoperating expense | 6,150 | 6,994 |
| Net income | 130,078 | 59,578 |
| Operating assets | 814,347 | 437,570 |
| Operating liabilities | 276,487 | 254,227 |
Assume a statutory tax rate of 35%.
a. Compute GoPros net operating profit after taxes (NOPAT) for 2014 and 2013. Round answers to the nearest whole number.
b. Compute GoPros net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%)
c. Compute GoPros return on net operating assets (RNOA) for 2014. Round answers to one decimal place. (Ex: 0.2345 = 23.5%)
The answers I found are not correct, could some one help me with this problem?
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