Edwards Electronics recently reported $14,500 of sales, $5,500 of operating costs other than depreciation, and $1,250...
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Edwards Electronics recently reported $14,500 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)? Select the correct answer. a. $5,812.50 b. $5,835.50 c. $5,766.50 d. $5,789.50 e. $5,858.50 Edwards Electronics recently reported $14,500 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)? Select the correct answer. a. $5,812.50 b. $5,835.50 c. $5,766.50 d. $5,789.50 e. $5,858.50
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Answer rating: 100% (QA)
Given Information Sales 14500 Operating Costs 5500 Depreciation 1250 Bonds 3500 In... View the full answer
Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Posted Date:
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