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C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have? (hint: find NOPAT) Sales $3,050.00 Costs 1,850.00

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C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have? (hint: find NOPAT) Sales $3,050.00 Costs 1,850.00 Depreciation 192.00 EBIT $1,008.00 Interest expense 285.00 EBT $723.00 Taxes (25%) 180.75 Net income $542.25

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