Calculate the company net operating profit after taxes

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1. Suppose you have a $1 million, 5% fixed rate mortgage with annual payments, a maturity of 30 years and a balloon payment of $750,000. What is your approximate annual payment?

$50,763

$51,763

$52,763

$53,763

none of the above

2. Selected data from the 2015 financial statements of KRJ Manufacturing are presented below. Calculate the company's net operating profit after taxes (NOPAT).

Sales $146,668

Operating profits (EBIT) $31,099

Earnings before taxes (EBT) $28,152]

Tax expense $10,581

Reference no: EM131917091

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