Suppose a firm has the following information: Sales = $10million; costs of goods sold (excluding depreciation) = $5 million;depreciation = $1.4 million; other operating expenses = $2 million;interest expense = $1 million. If the tax rate is 25%, what is NOPAT,the net operating profit after taxes? ($1.2 million)

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Suppose a firm has the following information: Sales = $10
million; costs of goods sold (excluding depreciation) = $5 million;
depreciation = $1.4 million; other operating expenses = $2 million;
interest expense = $1 million. If the tax rate is 25%, what is NOPAT,
the net operating profit after taxes? ($1.2 million)

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