Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and...
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Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)? O a. $2,748.96 O b. $2,893.64 O c. $3,206.25 d. $3,045.94 O e. $3,375.00
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