Question: Brown Office Supplies recently reported $ 2 5 , 0 0 0 of sales, $ 1 5 , 5 0 0 of operating costs other

Brown Office Supplies recently reported $25,000 of sales, $15,500 of operating costs other than depreciation, and $1,250 of depreciation. It had $12,000 in bonds outstanding that carry a 6.5% interest rate, and its total tax rate was 40%. How much was the firm's operating profit after taxes (NOPAT)?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Brown Office Supplies recently reported $16,000 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9.000 of bonds outstanding that carry a 7.0% interest...

Q:

Brown Office Supplies recently reported $15,500 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest...

Q:

Brown Office Supplies recently reported $20,000 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $10,000 of long-term debt outstanding that carries a...

Q:

Part 1: True False, Multiple Choice, Fall in the Blank (20%) Select/ Write the BEST answer for each Show work for partial credit 1. The more capital a firm is likely to require the greater the...

Q:

21. a.You deposit a certain amount of money into an account, leave it there and don't add or subtract any money. In 6 years, your money has doubled. The account pays a certain fixed percent annually...

Q:

Brown Office Supplies recently reported $15,500 of sales, 58,250 of operating costs other than depreciation and S1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest...

Q:

B. All businesses, regardless of their legal form of organization, are taxed under the Business Tax Provisions of the Internal Revenue Code. C. Small corporations that qualify under the Tax Code can...

Q:

1. Below is the common equity section (in millions) of Timeless Technologys last two year-end balance sheets: 2015 2014 Common stock 2,000 1,000 Retained earnings 2,000 2,340 Total common equity...

Q:

Brown Office Supplies recently reported $15,500 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest...

Q:

1. Suppose you inherited $365,000 and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years? 2. You have a chance to buy an annuity that pays $14,900 at...

Q:

Watch MLK's "I Have a Dream" speech. List (quote directly from the speech) and discuss five specific different phrases/quotes from this speech. Connect them to their audience, the context, and/or the...

Q:

The electric field of a plane wave propagating in a nonmagnetic medium is given by Obtain the corresponding expression for H. -30x cos(2n x 10t 40x) (V/m).. E = 25e3

Q:

12. How does unearned revenue arise? Why can it be classified properly as a current liability? Give several examples of business activities that result in unearned revenues.

Q:

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".