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Net Operating Profit after Tax (NOPAT) Use the following income statement of Elliott Game Theory Consulting to determine its net operating profit after taxes (NOPAT).

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Net Operating Profit after Tax (NOPAT) Use the following income statement of Elliott Game Theory Consulting to determine its net operating profit after taxes (NOPAT). Use 25% as the tax rate. Elliot Game Theory Consulting Income Statement for Year Ending December 31 Sales Operating costs excluding depreciation Depreciation and amortization Earnings before interest and taxes Less interest Pre-tax income Taxes (25%) Net Income available to common stockholders 2020 $700,000 500,000 100,000 $100,000 6,000 $ 94,000 23,500 $ 70,500 Round your answer to the nearest dollar

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