Question: Hi, how do you arrive to the answer B? 31. At the end of fiscal year 2010, company X discloses the following income statement: Sales

 Hi, how do you arrive to the answer B? 31. At

Hi, how do you arrive to the answer B?

31. At the end of fiscal year 2010, company X discloses the following income statement: Sales $6.500,000 Operating expense ($4,800,000) Interest income $600,000 Interest expense ($900,000) Tax expense ($490,000) Net profit $910,000 Company X's net interest expense after tax (NIEAT) and net operating profit after taxes (NOPAT) equal A. $585,000 and $1,105,000, respectively B. $195,000 and $1,105,000, respectively C. $300,000 and $910,000, respectively D. $300,000 and $1,210,000, respectively

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