Question

C. F. Lee Inc. has the following income statement. How much net operating profit after tax (NOPAT) does the firm have?Sales $2,850.00Costs 1,850.00Depreciation 192.00EBIT $808.00Interest expense 285.00EBT $523.00Taxes (35%) 183.05Net income $339.95

Answer 1

Answer:

$525.2

Explanation:

After tax net operating income = EBIT( 1- tax rate)

Given that EBIT = $808

Tax rate = 35%

Therefore,

After tax net operating income = $808 ( 1 - 35% )

= $808 ( 0.65 )

= $525.2

Answer 2

The net operating profit after tax (NOPAT) that the firm has is $525.20.

Given information

EBIT = $808

Tax rate = 35%

After tax net operating income = EBIT (1 - tax rate)

After tax net operating income = $808 (1 - 35%)

After tax net operating income = $808 (0.65)

After tax net operating income = $525.20

In conclusion, the net operating profit after tax (NOPAT) that the firm has is $525.20.

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