Ans. a) $370.60 b) $390.11 c)$410.64 d)$432.25 e)$455.00
Net operating profit after tax (NOPAT) is a company's after-tax operating profit for all investors, including shareholders and debt holders. It is equivalent to earnings before interest after taxes (EBIAT). So, NOPAT = (2000 - 1200 - 100)*(1 - 0.35) = $455.00. So, the right answer is e.