2) Biomedical's operating income before taxes was $90,000 ($10,000 of this was R&D expense and $5,000 expense was damages from a spring flood). Capitalized R&D is amortized over 5 years. What is Signal Biomedical's EVA? (4 marks) [] Page 9 of 17 $ A 3 5 6 & 7 00 * 8 9 0 E R T Y U o Question 3: Performans I Part A Adivision at Signal Biomedical has the following information for 2018: Marginal tax rate: 25% Market yield on equivalent debt: 6% Shareholders expect a rate of return equal to: 14% EVA assets before adjustments): $700,000 EVA total liabilities: $50,000 (of which $20,000 are current) Debt-40%, Equity-60%