Berry Corporation reports the following information.   Year 7 Year 6 Cash  $12,768   $11,592 Net operating working capital $4,920     $2,640 Net long-term operating assets $7,488 $7,440 Net nonoperating obligations $2,160     $1,680 Net operating profit after tax $1,560     $1,296 Weighted average cost of capital 7.0% 7.0%   What is the company's residual operating income (ROPI) for Year 7?     $ 666     $ 922     $1,454     $ 854     None of these are correct.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Berry Corporation reports the following information.

 

Year 7

Year 6

Cash

 $12,768

  $11,592

Net operating working capital

$4,920

    $2,640

Net long-term operating assets

$7,488

$7,440

Net nonoperating obligations

$2,160

    $1,680

Net operating profit after tax

$1,560

    $1,296

Weighted average cost of capital

7.0%

7.0%

 

What is the company's residual operating income (ROPI) for Year 7?

   

$ 666

   

$ 922

   

$1,454

   

$ 854

   

None of these are correct.

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