Homework Answers
| NOPAT =Operating Income*(1-Tax Rate) |
| NOPAT =$4,018*(1-0.22) |
| NOPAT =$4,018*0.78 =$3,134 |
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Question 3 Incorrect Mark 0.00 out of 1.00 P Flag question Identify and Compute NOPAT Following...
Identify and Compute NOPAT Following is the income statement for Lowe's Companies Inc. LOWE'S COMPANIES INC....
Identify and Compute NOPAT Following is the income statement for Lowe's Companies Inc. LOWE'S COMPANIES INC. Consolidated Statement of Earnings Twelve Months Ended (in millions) Feb. 1. 2019 Net sales $71,309 Cost of sales 48,401 Gross margin 22.908 Expenses Selling general and administrative 17,413 Depreciation and amortization 1.477 Operating income 4,018 Interest expense, net 624 Pretax earnings 3.394 Income tax provision 1.090 Net earnings $2.314 Compute its net operating profit after tax (NOPAT) for the 12 months ended ended February...
Please solve and show the work for this problem below. This is how the problem was...
Please solve and show the work for this problem below. This is how the problem was listed exactly. Lowe's Companies, Inc. Common Size Statement of Earnings 12 Months Ended in Millions $ Percentages Feb. 01, 2019 Feb. 02, 2018 Feb. 03, 2017 Feb. 01, 2019 Feb. 02, 2018 Feb. 03, 2017 Net sales $ 71,309 $ 68,619 $ 65,017 Cost of sales 48,401 46,185 43,343 Gross margin 22,908 22,434 21,674 Expenses: Selling, general and administrative 17,413 14,444 14,375 Depreciation and...
12 Months Ended in Millions $ Percentages Lowe's Companies, Inc. Common Size Statement of Earings Feb....
12 Months Ended in Millions $ Percentages Lowe's Companies, Inc. Common Size Statement of Earings Feb. 01, 2019 Feb. 02, 2018 Feb. 03, 2017 Feb 01, 2019 Feb. 02, 2018 Feb. 03, 2017 You must us references to Net Sales Cost of sales Gross $71,309 48,401 22,908 $ 68,619 46,185 22,434 $ 65,017 43,343 21,674 Song general and admi Depreciation and amo Operating income Interest - het Loss on extinguishment of debt Pre-tax Barnings Income tax provision Net earings 17,413...
Selected Income statement information for 2018 is presented below for Home Depot, Inc. and Lowe's Companies...
Selected Income statement information for 2018 is presented below
for Home Depot, Inc. and Lowe's Companies Inc. Assume the statutory
tax rate is 22%.
Question 6 Not complete Marked out of 12.00 P Rag question Compute NOPAT Selected income statement information for 2018 is presented below for Home Depot Inc. and Lowe's Companies Inc. Assume the statutory tax rate is 22% Pretax Net Average Net Nonoperating Tax Operating Company (5 millions) Ticker Sales NOPET Expense Expense Assets Home Depot HD...
i need help with 1,2,3 Compute NOPAT Selected income statement information for 2018 is presented below...
i need help with 1,2,3
Compute NOPAT Selected income statement information for 2018 is presented below for Home Depot Inc. and Lowe's Companies in Pretax Net Average Net Nonoperating Tax Operating Company ($ millions) Ticker Sales NOPBT Expense Expense Assets Home Depot HD $108,203 $15,841 $993 $3,504 $25,721 Lowe's LOW 72,735 4,098 636 1,080 20,326 a. Compute the following measures for both companies. Measure Rounding Instructions 1. Net operating profit (NOPAT) Round to nearest whole dollar 2. Return on net...
Compute NOPAT Using Tax Rates from Tax Footnote The income statement for The TJX Companies, Inc.,...
Compute NOPAT Using Tax Rates from Tax Footnote The income statement for The TJX Companies, Inc., follows. THE TJX COMPANIES, INC. Consolidated Statements of Income Fiscal Year Ended ($ thousands) January 29, 2005 Net sales $14,913,483 Cost of sales, including buying and occupancy costs 11,398,656 Selling, general and administrative expenses 2,500,119 Provision (credit) for computer intrusion related costs - Interest expense (revenue), net 25,757 Income from continuing operations before provision for income taxes 988,951 Provision for income taxes 379,252 Income...
Compute NOPAT Using Tax Rates from Tax Footnote The income statement for The TJX Companies, Inc.,...
Compute NOPAT Using Tax Rates from Tax Footnote The income statement for The TJX Companies, Inc., follows. THE TJX COMPANIES, INC. Consolidated Statements of Income Fiscal Year Ended ($ thousands) January 29, 2011 Net sales $21,942,193 Cost of sales, including buying and occupancy costs 16,040,461 Selling, general and administrative expenses 3,710,053 Provision (credit) for computer intrusion related costs (11,550) Interest expense (revenue), net 39,137 Income from continuing operations before provision for income taxes 2,164,092 Provision for income taxes 824,562 Income...
Lowe's Companies, Inc. Consolidated Statements of Earnings (In millions, except per share and percentage data) February...
Lowe's Companies, Inc. Consolidated Statements of Earnings (In millions, except per share and percentage data) February 1, 0 Sales February 2, 20197 Sales 2018 $ 71,309 100.00% $ 68,619 48,40167.88 46,185 22,908 32.12 22,434 0% Sales February % Sales 100.00% $ 65,017 67.31 43,343 32.69 21,674 % Sales 100.00% 66.66 33.34 Fiscal years ended on Net sales Cost of sales Gross margin Expenses: Selling, general and administrative Depreciation and amortization Operating income Interest - net Loss on extinguishment of debt...
Refer to the balance sheet information below for Home Depot. 0.00 out of 3.00 P Flag...
Refer to the balance sheet information below for Home Depot.
0.00 out of 3.00 P Flag question Compute RNOA with Disaggregation Refer to the balance sheet information below for Home Depot. Smillions Feb. 3. 2019 Jan. 28. 2018 Operating assets $42.225 $40,934 Nonoperating assets 1.778 3,595 Total assets $44,003 544529 Operating liabilities 516.679 $16,047 Nonoperating abilities 29,202 27,028 Total liabilities $45,881 $43.075 Net sales $101.203 Operating expense before tax 92.673 Net operating profit before tax (NOPAT) 15.530 Other expense 974...
QUESTION 8 Incorrect Mark 0.00 out of 10.00 P Rlag question Edit question Analysis and Interpretation...
QUESTION 8 Incorrect Mark 0.00 out of 10.00 P Rlag question Edit question Analysis and Interpretation of Profitability Balance sheets and income statements for Nordstrom, Inc., follow. Refer to these financial statements to answer the requirements. Nordstrom, Inc. Consolidated Statements of Earnings 2016 2015 2014 For Fiscal Years Ended ($ millions) Net Sales Credit card revenues Total revenues Cost of sales and related buying and occupancy costs Selling, general and administrative expenses Earnings before interest and income taxes Interest expense,...
Identify and Compute NOPAT Following is the income statement for Lowe's Companies Inc. LOWE'S COMPANIES INC. Consolidated Statement of Earnings Twelve Months Ended (in millions) Feb. 1. 2019 Net sales $71,309 Cost of sales 48,401 Gross margin 22.908 Expenses Selling general and administrative 17,413 Depreciation and amortization 1.477 Operating income 4,018 Interest expense, net 624 Pretax earnings 3.394 Income tax provision 1.090 Net earnings $2.314 Compute its net operating profit after tax (NOPAT) for the 12 months ended ended February...
12 Months Ended in Millions $ Percentages Lowe's Companies, Inc. Common Size Statement of Earings Feb. 01, 2019 Feb. 02, 2018 Feb. 03, 2017 Feb 01, 2019 Feb. 02, 2018 Feb. 03, 2017 You must us references to Net Sales Cost of sales Gross $71,309 48,401 22,908 $ 68,619 46,185 22,434 $ 65,017 43,343 21,674 Song general and admi Depreciation and amo Operating income Interest - het Loss on extinguishment of debt Pre-tax Barnings Income tax provision Net earings 17,413...
Selected Income statement information for 2018 is presented below
for Home Depot, Inc. and Lowe's Companies Inc. Assume the statutory
tax rate is 22%.
Question 6 Not complete Marked out of 12.00 P Rag question Compute NOPAT Selected income statement information for 2018 is presented below for Home Depot Inc. and Lowe's Companies Inc. Assume the statutory tax rate is 22% Pretax Net Average Net Nonoperating Tax Operating Company (5 millions) Ticker Sales NOPET Expense Expense Assets Home Depot HD...
i need help with 1,2,3
Compute NOPAT Selected income statement information for 2018 is presented below for Home Depot Inc. and Lowe's Companies in Pretax Net Average Net Nonoperating Tax Operating Company ($ millions) Ticker Sales NOPBT Expense Expense Assets Home Depot HD $108,203 $15,841 $993 $3,504 $25,721 Lowe's LOW 72,735 4,098 636 1,080 20,326 a. Compute the following measures for both companies. Measure Rounding Instructions 1. Net operating profit (NOPAT) Round to nearest whole dollar 2. Return on net...
Lowe's Companies, Inc. Consolidated Statements of Earnings (In millions, except per share and percentage data) February 1, 0 Sales February 2, 20197 Sales 2018 $ 71,309 100.00% $ 68,619 48,40167.88 46,185 22,908 32.12 22,434 0% Sales February % Sales 100.00% $ 65,017 67.31 43,343 32.69 21,674 % Sales 100.00% 66.66 33.34 Fiscal years ended on Net sales Cost of sales Gross margin Expenses: Selling, general and administrative Depreciation and amortization Operating income Interest - net Loss on extinguishment of debt...
Refer to the balance sheet information below for Home Depot.
0.00 out of 3.00 P Flag question Compute RNOA with Disaggregation Refer to the balance sheet information below for Home Depot. Smillions Feb. 3. 2019 Jan. 28. 2018 Operating assets $42.225 $40,934 Nonoperating assets 1.778 3,595 Total assets $44,003 544529 Operating liabilities 516.679 $16,047 Nonoperating abilities 29,202 27,028 Total liabilities $45,881 $43.075 Net sales $101.203 Operating expense before tax 92.673 Net operating profit before tax (NOPAT) 15.530 Other expense 974...
QUESTION 8 Incorrect Mark 0.00 out of 10.00 P Rlag question Edit question Analysis and Interpretation of Profitability Balance sheets and income statements for Nordstrom, Inc., follow. Refer to these financial statements to answer the requirements. Nordstrom, Inc. Consolidated Statements of Earnings 2016 2015 2014 For Fiscal Years Ended ($ millions) Net Sales Credit card revenues Total revenues Cost of sales and related buying and occupancy costs Selling, general and administrative expenses Earnings before interest and income taxes Interest expense,...
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