10. What is Ronayne's EVA (above)? The Ronayne Corporation has on its balance sheet $5 million in net operating working capital and $37 million in net fixed assets. The company's weighted average cost of capital is 8.5 percent. The company has the following income statement: Sales $25,000,000 Operating costs 17,625,000 Depreciation & Amort 1,000,000 EBIT $ 6,375,000 Interest 2.325,000 $ 4,050,000 Taxes (25%) 1,012,500 Net income $ 3,037 500