Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume that a company has revenue of $50,000,000, COGS of $30,000,000, other administration expenses of $10,000,000, deprecation expense of $5,000,000, interest expense on debt

 

Assume that a company has revenue of $50,000,000, COGS of $30,000,000, other administration expenses of $10,000,000, deprecation expense of $5,000,000, interest expense on debt of $1,000,000 and tax expense of $800,000. With a 20% tax rate what is the company's net operating profit after tax (NOPAT)?

Step by Step Solution

3.42 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the net operating profit after tax NOPAT we need to determ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Theory and Practice

Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason

2nd Canadian edition

176517308, 978-0176517304

More Books

Students also viewed these Accounting questions