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EP Enterprises Has the Following Income Statement EBT  &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp;

question 76

Multiple Choice

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\begin{array}{lr}\text { Sales } & \$ 1,800.00 \\\text { Costs } & 1,400.00 \\\ \text { Depreciation } & 250.00 \\\text { EBIT } & \$ 150.00\end{array}


EBT                                    (70.00) \underline {(70.00) }
Taxes (40%) (40 \%)                         $80.00


                                            (32.00) \underline {(32.00) }
Net income                    $48.00 \$ \quad 48.00


Definitions:

Federal Reserve Notes

The physical bills issued by the Federal Reserve, serving as the primary form of paper money in the United States.

Financial Intermediaries

are institutions that facilitate the channeling of funds between savers and borrowers, including banks, investment companies, and insurance companies.

Severe Penalties

Punishments or sanctions that are especially harsh or stringent, typically applied in legal contexts.

Financial Intermediaries

Institutions that facilitate the channeling of funds from savers to borrowers by intermediating between them.

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