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24. EVA MC S3 P97 Fitzpatrick Deli Co. recently reported the following information: Net income = $750,000. Tax rate = 25%. Interest expense - $300,000.
24. EVA MC S3 P97 Fitzpatrick Deli Co. recently reported the following information: Net income = $750,000. Tax rate = 25%. Interest expense - $300,000. Total invested capital employed $8.3 million. After-tax cost of capital = 9%. What is the company's EVA? a. -$29,400 b. -$32,100 c. d. -$34,500 e. -$35,100 -$30,000 $145,000 $228,000 $553,000 $3,000
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