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Last year, Top Grants' had $3,500 in sales, and cost of goods sold was $2,000. Depreciation expenses totaled $500 and interest expense was $700. If
Last year, Top Grants' had $3,500 in sales, and cost of goods sold was $2,000. Depreciation expenses totaled $500 and interest expense was $700. If the tax rate is 25%, what is the net profit margin for Top Grants? What is its NOPAT margin?
Question 10 options:
20.7% and 21.43%
2.14% and 32.14%
6.43% and 21.43%
22.86% and 32.14%
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