Last year a firm had sales of 200000 its cost of goods sold


Last year a firm had sales of $200,000. Its cost of goods sold was $75,000, and administrative and marketing expenses were $25,000 each.

Depreciation expense was $10,000, while interest expense was $15,000. If the tax rate is 30%, what was the firm's NOPAT last year? Please show work.

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Financial Management: Last year a firm had sales of 200000 its cost of goods sold
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