Question
A firm has an EBIT of $30 million, a total invested capital of $104 million, and an average cost of funds of 15%. The firm
A firm has an EBIT of $30 million, a total invested capital of $104 million, and an average cost of funds of 15%. The firm has a marginal tax rate of 40% and 8.5 million shares of the firm are outstanding. What is the EVA of the firm?
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Forecasting And Predictive Analytics With Forecast X
Authors: Barry Keating, J. Holton Wilson, John Solutions Inc.
7th International Edition
1260085236, 9781260085235
