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The Chemours Company recently reported $6,345 of sales, $390 of operating costs other than depreciation, and $317 of depreciation. The company had no amortization charges,
The Chemours Company recently reported $6,345 of sales, $390 of operating costs other than depreciation, and $317 of depreciation. The company had no amortization charges, it had $4,005 of bonds that carry a 4.62% interest rate, and its federal-plus-state income tax rate was 11.2%. Net income for the year was $608. How much was its net operating profit after taxes (NOPAT)?
The answer is $5.006.54 but how did he get that number?
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