Question
EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? Sales $1,800.00 Costs 1,400.00 Depreciation 300.00
EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?
| Sales |
|
|
| $1,800.00 |
| Costs |
|
|
| 1,400.00 |
| Depreciation |
|
| 300.00 | |
| EBIT |
|
|
| $ 100.00 |
| Interest expense |
|
| 70.00 | |
| EBT |
|
|
| $ 30.00 |
| Taxes (40%) |
|
| 12.00 | |
| Net income |
|
| $ 18.00 | |
Hint: NOPAT = EBIT x (1 - Tax rate)
Group of answer choices
$97.50
$130.0
$65.0
$60.0
$90.0
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Preliminary Audit Results Montanas State Employee Compensation 1990
Authors: Waters Consulting Group, Montana. State Employee Compensation Committee
1st Edition
