EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?
Sales $ 2,000.00
Costs 1,400.00
Depreciation 250.00
EBIT $ 350.00
Interest expense 70.00
EBT $ 280.00
Taxes (25%) 112.00
Net income $ 168.00
Options:
a. $260.50 b. $258.50 c. $262.50 d. $256.50 e. $254.50
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