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21) Casey Motors recently reported net income of $57 million. The firm's tax rate was 40.0% and interest expense was $17 million. The company's after-tax
21) Casey Motors recently reported net income of $57 million. The firm's tax rate was 40.0% and interest expense was $17 million. The company's after-tax cost of capital is 13.0% and the firm's total investor supplied operating capital employed equals $399 million. What is the company's EVA? (Answers are in $ millions.)
$51.87 |
$57.00 |
$95.00 |
$67.20 |
$15.33 |
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