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 250.00
EBIT $ 150.00
Interest expense 70.00
EBT $ 80.00
Taxes (40%) 32.00
Net income $ 48.00
A) $81.23
B) $85.50
C) $90.00
D) $94.50
Correct Answer:
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