Bae Inc. has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?
Sales $2,000.00
Costs 1,200.00
Depreciation 100.00
EBIT $ 700.00
Interest expense 200.00
EBT $ 500.00
Taxes (35%) 175.00
Net income $ 325.00
a. $370.60
b. $390.11
c. $410.64
d. $432.25
e. $455.00