25. Given the summarized financial information below, calculate the Net Operating Profit After Taxes (NOPAT) for the Clean as a Whistle Corporation (they manufacture toilet paper). Assume a corporate income tax rate of 30% (24% federal and 6% state tax). Also assume that the beta for the common stock of this company is 1.40, the risk-free rate of return is 1.5% per year, and the expected market risk premium is 5%. The current stock price is $180 per share, and there are 10 Million shares outstanding. The average yield to maturity of the company debt is 6%, and the outstanding debt is priced at 100% of par (i.e., the book value of debt is equal to the market value of debt). (4 points)

	$ Million
Sales	1000
Cost of Sales	690
Depreciation	100
Operating Income (EBIT)	210
Interest	10
Earnings Before Tax (EBT)	200
Taxes @ 30%	60
Net Income	140
Accounts Receivable	200
Inventory	400
Net Assets	600
Total Assets	1200
Accounts Payable	200
Current Portion of Long-Term Debt	50
Long-Term Debt (LTD)	400
Total Equity	550
Total Liabilities and Owners Equity	1200

26. Given the same summarized financial information and assumptions as in the previous question, calculate the Invested Capital (IC) for the Clean as a Whistle Corporation. (4 points)

27. Given the same summarized financial information and assumptions as in the previous question, calculate the Return on Invested Capital (ROIC) for the Clean as a Whistle Corporation.

(4 points)

28. Given the same summarized financial information and assumptions as in the previous question, calculate the Weighted Average Cost of Capital (WACC) for the Clean as a Whistle Corporation. (4 points)

29. Given the same summarized financial information and assumptions as in the previous question, calculate the Economic Value Added (EVA) for the Clean as a Whistle Corporation. (4 points)