Selected data from the financial statements of KRJ Manufacturing are presented below

Finance Dec 09, 2020

Selected data from the financial statements of KRJ Manufacturing are presented below. Calculate the company's net operating profit after taxes (NOPAT). Sales $92,033 Operating profits (EBIT) $5,491 Earnings before taxes (EBT) $4,639) Tax expense $1,151

Expert Solution

Tax Rate = Taxes / EBT

= 1151 / 4639

= 24.81%

NOPAT = EBIT * (1-Taxes)

= 5491 * (1-0.2481)

= 4128.68

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