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Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? Sales $2,050.00 Costs 1,400.00 Depreciation 250.00 EBIT $ 400.00

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Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? Sales $2,050.00 Costs 1,400.00 Depreciation 250.00 EBIT $ 400.00 Interest expense 70.00 EBT $ 330.00 Taxes (25%) 82.50 Net income $ 247.50 O a. $330.00 b. $300.00 O $550.00 O d. $247.50 O e 5487.50

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