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Calculate the Net operating profit after tax (NOPAT) of the Meineke Corp. given its EBIT of 944.1 , its Tax Rate of 30.8, and interest
Calculate the Net operating profit after tax (NOPAT) of the Meineke Corp. given its EBIT of 944.1 , its Tax Rate of 30.8, and interest expense of 17.5 (amounts in \$millions). Enter your answer in millions of dollars, rounded to the nearest \$0.0, without the "\$". QUESTION 6 Flatbush Tires sold tires and rims worth $893 to a customer on credit, who later disappeared without paying anything. The company's cost of goods sold averages about 75% of revenues. How much is the company's pre-tax income reduced by this default? Enter the correct amount, rounded to the nearest dollar, without the "\$". Calculate the Net operating profit after tax (NOPAT) of the Meineke Corp. given its EBIT of 944.1 , its Tax Rate of 30.8, and interest expense of 17.5 (amounts in \$millions). Enter your answer in millions of dollars, rounded to the nearest \$0.0, without the "\$". QUESTION 6 Flatbush Tires sold tires and rims worth $893 to a customer on credit, who later disappeared without paying anything. The company's cost of goods sold averages about 75% of revenues. How much is the company's pre-tax income reduced by this default? Enter the correct amount, rounded to the nearest dollar, without the "\$
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