92x(1-30/63)= 48.19

48.19 -7.50%(678-211)

48.19-35.02 = 13.17

Where did i go wrong?

Here are simplified financial statements for Watervan Corporation: The company's cost of capital is 7.50%. a. Calculate Watervan's economic value added (EVA). (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Economic value added exist 13.17 million b. What is the company's return on capital? (Use start-of-year rather than average capital.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Return on capital % c. What is its return on equity? (Use start-of-year rather than average equity.) (Enter your answer as a percent rounded to 2 decimal places.)