Net operating profit after taxes (NOPAT) represents Select one: a. what the company's operating profit would be if it had no interest expense O b. what the company's after-tax net income would be if it had no debt O c. the excess amount of operating profit above and beyond funds needed for expansion d. the net investment in capital to support operations Which of the following profitability ratios is based on profits before financing costs or taxes? Select one: a. return on equity b. profit margin on sales c. return on total assets O d. basic earning power Chat Sha dirinants The Dividend Model may be used to value preferred stock by: Select one: a. setting the dividend equal to zero. b. setting the required rate of return in the model equal to the Treasury security yield. c. setting the future growth rate of dividends equal to zero. d. All of these are correct