Suppose a company has the following financials (in £millions) and no other non-operating income or expense: Net financial expense after tax = 8 Net interest expense = 12.6 Reported tax (on standard income statement) = 1220.4 Operating profit = 4,741 What is the company's net operating profit after tax (NOPAT)? (in £millions) Select one: a. 1,635 b. 3,516 c. None of the others d. 5,163

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
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Suppose a company has the following financials (in £millions) and no other non-operating income or expense:

Net financial expense after tax = 8

Net interest expense = 12.6

Reported tax (on standard income statement) = 1220.4

Operating profit = 4,741

What is the company's net operating profit after tax (NOPAT)? (in £millions)

Select one: a. 1,635 b. 3,516 c. None of the others d. 5,163 

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