Question: Tiemann Technologies reported $ 1 0 , 5 0 0 of sales, $ 6 , 2 5 0 of operating costs, and $ 1 ,

Tiemann Technologies reported $10,500 of sales, $6,250 of operating costs, and $1,300 of depreciation &
amortization. It had $5,000 of bonds that carry a 6.5% interest rate, and its federal-plus-state income tax
rate was 25%. How much net income does the firm have? How much net operating profit after taxes
(NOPAT) does the firm have?

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