Question: Using the given income statement. please calculate: Net operating profit before tax(NOPBT)=? pretax Nonoperating Expenses =? Tax Shield( Statutory Tax Rate= 20%)=? Net Operating Profit

Using the given income statement.

please calculate:

Net operating profit before tax(NOPBT)=?

pretax Nonoperating Expenses =?

Tax Shield( Statutory Tax Rate= 20%)=?

Net Operating Profit Margin (NOPM)=?

Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions 12 Months Ended
Dec. 28, 2019 Dec. 29, 2018 Dec. 30, 2017
Income Statement [Abstract]
Net Revenue $ 67,161 $ 64,661 $ 63,525
Cost of sales 30,132 29,381 28,796
Gross profit 37,029 35,280 34,729
Selling, general and administrative expenses 26,738 25,170 24,453
Operating Profit 10,291 10,110 10,276
Other pension and retiree medical benefits (expense)/income (44) 298 233
Interest expense (1,135) (1,525) (1,151)
Interest income and other 200 306 244
Income before income taxes 9,312 9,189 9,602
Provision for/(benefit from) income taxes (See Note 5) 1,959 (3,370) 4,694
Net income 7,353 12,559 4,908
Less: Net income attributable to noncontrolling interests 39 44 51
Net Income Attributable to PepsiCo $ 7,314 $ 12,515 $ 4,857
Net Income Attributable to PepsiCo per Common Share
Basic $ 5.23 $ 8.84 $ 3.40
Diluted $ 5.20 $ 8.78 $ 3.38
Weighted-average common shares outstanding
Basic 1,399 1,415 1,425
Diluted 1,407 1,425 1,438

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