EP Enterprises Has the Following Income Statement

question 57

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
Interest expense 70.00
EBT $ 80.00
Taxes (40%) 32.00
Net income $ 48.00

• A) $81.23
• B) $85.50
• C) $90.00
• D) $94.50