Edwards Electronics Recently Reported $11,250 of Sales, $5,500 of Operating

question 62

Multiple Choice

Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation.The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%.How much was its net operating profit after taxes (NOPAT) ?

• A) $2,748.96
• B) $2,893.64
• C) $3,045.94
• D) $3,206.25
• E) $3,375.00

---

Definitions:

Tensions

refers to a state of strained relations or stress between entities, such as countries, groups, or individuals.

Misunderstandings

Situations where there is a failure to understand something correctly, often leading to conflicts or confusion between individuals or groups.

Landholding

The ownership or possession of land, considered an important aspect of wealth and social status in many societies.

Outmigration

The process of leaving one's region, state, or country to settle in another, often in search of better living conditions or employment opportunities.