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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