Calculate net operating profit after taxes (NOPAT) if a firm has ...

[bobbie]

Calculate net operating profit after taxes (NOPAT) if a firm has sales of 1,000,000, operating profit (EBIT) of 100,000, interest expense of 50,000, and a tax rate of 30.
 
  A) 35,000
  B) 700,000
  C) 70,000
  D) 45,000

Question 2

The attempt by a nonmanagement group to gain control of the management of a firm by soliciting a sufficient number of proxy votes is called a ________.
 
  A) hostile takeover
  B) bankruptcy proceeding
  C) proxy battle
  D) management buyout

[cat123]

Answer to Question 1

C

Answer to Question 2

C

[bobbie]

Great answer, keep it coming

[debra928]

Thanks for the timely response, appreciate it