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How do determine net operating profit after taxes

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Reference no: EM132707611

Net Operating Profit after Tax (NOPAT)

Problem 1: Use the following income statement of Elliott Game Theory Consulting to determine its net operating profit after taxes (NOPAT). Use 25% as the tax rate.

Elliot Game Theory Consulting Income Statement for Year Ending December 31 2020

Sales $800,000

Operating costs excluding depreciation 600,000

Depreciation and amortization 50,000

Earnings before interest and taxes $150,000

Less interest 4,000

Pre-tax income $146,000

Taxes (25%) 36,500

Net income available to common stockholders $109,500

Reference no: EM132707611

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