Greystone Inc. had the following data for 2019: Cash $100 Accounts payable $200 Accounts receivable 1100 Accruals 100 Inventory 600 Notes Payable 1,000 Current Assets 1,800 Current Liabilities $1,300 Bonds Payable 1,000 Common Stock 1,000 Net Fixed Assets 2,000 Retained Earnings 500 Total Assets $3,800 Total Liab. & Equity $3,800 Sales: $4,000; EBIT = $3,000; Net income = $700; Tax rate of 40% Stock price is $10 and Weighted average cost of capital (WACC) is 10% For 2018 Total Net Operating Capital was $2,500.

Using the data for Greystone, what is the NOPAT for 2019? $ Answer (use whole numbers only, no cents).

Answer rating: 100% (QA)

To calculate the Net Operating Profit After Tax NO... View the full answer