Question: Computing NOPAT, NOPM and RNOA table [ [ ( millions, 2 0 1 9 Computing NOPAT, NOPM and RNOA LVMH Mot Hennessy Louis Vuitton

Computing NOPAT, NOPM and RNOA
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Computing NOPAT, NOPM and RNOA LVMH Mot Hennessy Louis Vuitton SE (LVMH)

Computing NOPAT, NOPM and RNOA LVMH Mot Hennessy Louis Vuitton SE (LVMH) is a French multinational luxury goods conglomerate headquartered in Paris. The following information is selected from their 2020 annual report. ( millions) Revenue Operating income 2020 44, 651 7,972 Net financial income/(expense) (608) Net income Operating assets Operating liabilities 4,702 107,932 45,139 2019 53,670 11,273 (559) 7,171 95,592 431 LVMH has an income tax rate of approximately 30% a. Compute LVMH's net operating profit after taxes (NOPAT) for 2020 and 2019. Round answers to one decimal place. 2019 2020 7,891.1 x 5,580.4 x b. Compute LVMH's net operating profit margin (NOPM) for each year. Round answers to two decimal places (i.e. 0.25466 = 24.47%) 2019 2020 14.7% x 12.5% x c. Compute LVMH's return on net operating assets (RNOA) for 2020. Round answer to two decimal places (i.e. 0.25466 = 24.47%) 2020 Check 5.48% x

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