Reading 41, page 301:question 3:
when getting NOPLAT, does NOPLAT=EBIT*(1-tax)? the solution looks like that tax amount not equal to EBIT*tax. Any thought? Thanks.作者: ftwcfa 时间: 2013-4-8 16:06
I know NOPAT = EBIT (1-t), I think the difference between NOPAT and NOPLAT is NOPLAT is ‘adjusted taxs’, which is the actual cash taxes paid, so it takes into account changes in the deffered tax account on the BS作者: LiquidAssets10 时间: 2013-4-8 16:06
you are right. thanks.
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I know NOPAT = EBIT (1-t), I think the difference
between NOPAT and NOPLAT is NOPLAT is ‘adjusted
taxs’, which is the actual cash taxes paid, so it
takes into account changes in the deffered tax
account on the BS作者: disiz64 时间: 2013-4-8 16:07
Please update after you do as I am still somewhat confused as how this might come up.
