The following is the income statement for Mattel Inc. ($ thousands)
Required:
a. Assume that the company's statutory tax rate is 37%. Compute the tax shield for 2016 and the tax rate on operating profit.
b. What is the company's net operating profit after tax (NOPAT) for 2016?
c. Determine the net operating profit margin for the year.

Question

The following is the income statement for Mattel Inc. ($ thousands)
  Required: 
a. Assume that the company's statutory tax rate is 37%. Compute the tax shield for 2016 and the tax rate on operating profit.
b. What is the company's net operating profit after tax (NOPAT) for 2016?
c. Determine the net operating profit margin for the year.

Quizplus · Accepted Answer

The Answer of The following is the income statement for Mattel Inc. ($ thousands)
  Required: 
a. Assume that the company's statutory tax rate is 37%. Compute the tax shield for 2016 and the tax rate on operating profit.
b. What is the company's net operating profit after tax (NOPAT) for 2016?
c. Determine the net operating profit margin for the year.

The Following Is the Income Statement for Mattel Inc