How much net operating profit after taxes does the firm have

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Problem 1: EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?

Sales  $1,800.00

Cost    1,400.00

Depreciation 250.00

EBIT $ 150.00

Interest expense 70.00

EBT $ 80.00

Taxes (40%) 32.00

Net income $ 48.00

Hint: NOPAT = EBIT x (1 - Tax rate)

A.$130.0

B. $90.0

C. $65.0

D. $97.50

E. $60.0

Reference no: EM132941590

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