Compute tlt net operating profit margin

Assignment Help Accounting Basics
Reference no: EM133185355

Question - Following are TLT Company's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended 2020 ($ millions).

Net sales $30,274

Net operating profit after tax (NOPAT) 4,918

Net operating assets (NOA) 20,502

Required -

a. Compute TLT's net operating profit margin (NOPM) and net operating assets turnover (NOAT) in fiscal year 2020.

b. Use the parsimonious method to forecast TLT's sales, NOPAT, and NOA for fiscal years 2021 to 2024 assuming a net sales growth rate of 0.5% for each year from 2021 to 2024.

Reference no: EM133185355

Questions Cloud

What is the impairment loss under the equity method : Entity A recognized profit of P2,500,000 and Entity B recognized a loss of P4,000,000 for that year. What is the impairment loss under the equity method
What amount of revenue should be recognized by aglubo corp : On Dec. 1, 2022, Aglubo Corp. sold 100,000 units at P50 per unit or P5,000,000. What amount of revenue should be recognized by Aglubo Corp
How much sales revenue is recognized : Devera estimates the stand-alone selling price of each point at P4.00. How much sales revenue is recognized
What amount should ramon report as royalty revenue : Final Fantasy reported revenues of P1,500,000 in 2023 from the comic strip. In its 2023 income statement, what amount should Ramon report as royalty revenue
Compute tlt net operating profit margin : Net operating assets (NOA) 20,502. Compute TLT's net operating profit margin (NOPM) and net operating assets turnover (NOAT) in fiscal year 2020
Why fuel prices fluctuate : Why fuel prices fluctuate. You need to focus on the Abstract, Introduction, Results, and Conclusion.
Calculate the company cost of debt capital : The following financial statement data pertains to Oriental Inc.: Total Assets $195,250. Calculate the company's cost of debt capital
Describe briefly the fixed-rate mortgage loans : Describe briefly the following mortgage loans: a. Equity participating mortgage loan; b. Shared-appreciation mortgage loan; c. Growing equity mortgage loan;
Destruction of dollar threatens global economy : What are Forbes's reasons for the housing bubble and how it related to the Federal Reserve Bank's policies?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd