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EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? Sales$ 3,900.00 Costs1,400.00 Depreciation 250.00 EBIT$

EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?

Sales$ 3,900.00 Costs1,400.00 Depreciation 250.00 EBIT$ 2,250.00 Interest expense 70.00 EBT$ 2,180.00 Taxes (25%) 872.00 Net income$ 1,308.00

a. $1,689.50

b. $1,687.50

c. $1,686.50

d. $1,690.50

e. $1,688.50

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