Question
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)?
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
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