7. Ernesto, Inc. has projected average earnings every year of Php 100 Million. Debt to Equity Ratio is 3:1. After tax cost of debt is 5% while cost of equity is 10%. The Board of Directors of the company decided to sell the company for P1 Billion. Compute for the Economic Value Added (EVA). a. Php 37,500,000.00 b. Php 50,000,000.00 C. Php 0.00 d. Php 25,000,000.00