Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
Best Feeds, Inc. has the following information on their income statement:
Sales $2,000,000
Cash Costs 1,200,000
Depreciation 100,000
EBIT 700,000
Interest Expense 200,000
EBT 500,000
Taxes (25%) 125,000
Net Income $ 375,000
What is their NOPAT?
Group of answer choices
$427,620
$450,120
$375,000
$498,750
$525,000
SAVE
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