Cobalt Industries had sales of 150,000 units at a price of $10 per unit. The Fixed operating costs of $250,000 and variable operating costs of $5 per unit. The company is subject to a tax rate of 30% and has a weighted average cost of capital of 8.5%. Calculate Cobalts net operating profits after taxes (NOPAT).

Question 4 (4 marks) Cobalt Industries had sales of 150,000 units at a price of $10 per unit. The Fixed operating costs of $250,000 and variable operating costs of $5 per unit. The company is subject to a tax rate of 30% and has a weighted average cost of capital of 8.5%. Calculate Cobalt's net operating profits after taxes (NOPAT)