EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? $8,406.88$8,724.03$8,362.50$8,518.13$7,301.53 TSW Inc. had the following data for last year: Net income =$800; Net operating profit after taxes ( NOPAT) =$700; Total assets =$3,000; and Total operating capital =$2,700. Information for the just-completed year is as follows: Net income =$1,333; Net operating profit after taxes (NOPAT) =$1200; Total assets =$2,600; and Total operating capital =$3,000. How much free cash flow did the firm generate during the just-completed year? $1200 $800 $1000 $900 $1190 Question 14 (1 point) A new firm is developing its business plan. It will require $800,000 of assets, and it projects $347,000 of sales and $137,000 of operating costs for the first year. Management is quite sure of these numbers because of contracts with its customers and suppliers. It can borrow at a rate of 8.75%, but the bank requires it to have a TIE of at least 4.5 , and if the TIE falls below this level the bank will call in the loan and the firm will go bankrupt. What is the maximum debt-to-assets ratio the firm can use? (Hint: Find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.) 49.45% 50.33% 41.03% 43.49% 45.11%