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QUESTION 1 EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? Sales $1,800.00 Costs 1,400.00

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QUESTION 1 EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? Sales $1,800.00 Costs 1,400.00 Depreciation 275.00 EBIT $ 125.00 Interest expense 70.00 EBT $ 55.00 Taxes (40%) 22.00 Net income $ 33.00 a. $90.00 b. $94.50 c. $85.50 d. $97.50 e. $75.00

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