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Adams Enterprises has operating income for the year of $5,250,000 and a 40% tax rate. Its total invested capital is $12,250,000 and its after-tax
Adams Enterprises has operating income for the year of $5,250,000 and a 40% tax rate. Its total invested capital is $12,250,000 and its after-tax cost of capital is 15%. What is the firm's EVA(economic value added)? $262,500 $3,150,000 $2,966,250 $3,412,500 $1,312,500
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