A company has the following income statement. What is its net operating profit after taxes (NOPAT)? Sales $1,000 Costs 700 Depreciation 100 EBIT 200 Interest expense 50 EBT 150 Taxes (40%) 60 Net income 90 A. $90 B. $120 C. $150 D. $180 E. $200

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
icon
Related questions
Question
100%

I want to this question answer general Accounting

A company has the following income statement. What is its net operating profit
after taxes (NOPAT)?
Sales $1,000
Costs 700
Depreciation 100
EBIT 200
Interest expense 50
EBT 150
Taxes (40%) 60
Net income 90
A. $90
B. $120
C. $150
D. $180
E. $200
Transcribed Image Text:A company has the following income statement. What is its net operating profit after taxes (NOPAT)? Sales $1,000 Costs 700 Depreciation 100 EBIT 200 Interest expense 50 EBT 150 Taxes (40%) 60 Net income 90 A. $90 B. $120 C. $150 D. $180 E. $200
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning