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(5pts) 8. HSIPR Shipyards has $20.0 million in total invested operating capital, and its WACC is 10%. HSIPR has the following income statement: Sales Operating
(5pts) 8. HSIPR Shipyards has $20.0 million in total invested operating capital, and its WACC is 10%. HSIPR has the following income statement: Sales Operating costs Operating income (EBIT) Interest expense Earnings before taxes (EBT) Taxes (20%) Net income $12.0 million 4.0 million $ 8.0 million 2.0 million $ 6.0 million 1.2 million $ 4.8 million What is HSIPRs Economic Value Added (EVA)
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