Question
A company that uses EVA reported the following results for 20X4 and 20X5 (in millions): 20X4 20X5 Pretax operating income $6,105 $6,100 Cash taxes 1,686
A company that uses EVA reported the following results for 20X4 and 20X5 (in millions):
20X4 20X5
Pretax operating income $6,105 $6,100
Cash taxes 1,686 1,620
Average adjusted invested capital was $16,125 million in 20X4 and $18,110 million in 20X5, and the cost of capital was 14% in both 20X4 and 20X5.
Compute the companys EVA for 20X4 and 20X5.
Compare the companys performance in creating value for its shareholders in 20X5 with that in 20X4.
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Banking Audit Study On Effectiveness And Efficiency Of Public And Private Sector Banks In GVMC Of Andhra Pradesh State
Authors: Tarakeswara Rao Sivvala
1st Edition
6202917571, 978-6202917575
