Question
EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? Sales $1,965.00 Costs 1,665.00 Depreciation 183.00
EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?
| Sales | $1,965.00 |
| Costs | 1,665.00 |
| Depreciation | 183.00 |
| EBIT | $ 117.00 |
| Interest expense | 73.00 |
| EBT | $ 44.00 |
| Taxes (35%) | 15.40 |
| Net income | $ 28.60 |
| a. | $97.50 | |
| b. | $81.90 | |
| c. | $76.05 | |
| d. | $118.95 | |
| e. | $128.10 |
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
