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postnew [5]
3 years ago
14

EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? Sales $

3,900.00 Costs 1,400.00 Depreciation 250.00 EBIT $ 2,250.00 Interest expense 70.00 EBT $ 2,180.00 Taxes (25%) 872.00 Net income $ 1,308.00 a. $1,685.50 b. $1,691.50 c. $1,689.50 d. $1,687.50 e. $1,683.50
Business
1 answer:
labwork [276]3 years ago
8 0

Answer:

Option (d) is correct.

Explanation:

Given that,

Sales = $ 3,900.00

Costs = 1,400.00

Depreciation = 250.00

EBIT = $ 2,250.00

Interest expense = 70.00

EBT = $ 2,180.00

Taxes (25%) = 872.00

Net income = $ 1,308.00

Hence,

Net operating profit after taxes:

= EBIT × (1 - tax rate)

= $2,250.00 × (1 - 25%)

= $2,250.00 × 0.75

= $1,687.5

Therefore, the net operating profit after taxes (NOPAT) is $1,687.5.

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6 0
2 years ago
Darlene Company had checks outstanding totaling $5,400 on its June bank reconciliation. In July, Darlene Company issued checks t
Pie

Answer:

b. $18,000

Explanation:

The computation of outstanding checks is shown below:-

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So, for computing the outstanding checks as of the end of July we simply applied the above formula.

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3 years ago
What are three items that the national government provide
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1. Government
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When a consumer is able and willing to buy a good or service, he or she creates which of the
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C: They create demand.
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