This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) ... (Read 53 times)

Emmejo01

  • Full Member
  • ***
  • Posts: 131
on: Aug 7, 2023

Question 1

During 2021, Bascom Bakery Inc. paid out $36,910 of common dividends. It ended the year with $214,500 of retained earnings versus the prior year’s retained earnings of $146,250. How much net income did the firm earn during the year?

◦

$102,840


◦

$103,220


◦

$104,370


◦

$105,160



Question 2

EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?

​

Sales

$2,700

Costs

1,800

Depreciation

450

EBIT

450

Interest expense

120

EBT

330

Taxes (35%)

115.50

Net income

$214.50

​


◦

$292.50


◦

$294.71


◦

$296.08


◦

$297.30

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Emmejo01 on Aug 7, 2023

wangyichun

  • Full Member
  • ***
  • Posts: 179
Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


Emmejo01

  • Member
  • Posts: 131
Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
The Parade of World Income The Parade of World Income
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: Aneurysm

For a complete list of videos, visit our video library