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Rogers LTD is a private company and its a management accountant is analyzing the performance of the investment centre. So it is trying to look at different components that are distributing to its success. The test he wants to carry out will be based on the information provided in the table below: Current liabilities 14500 Notes payable 85600 Bond payable 28500 Equity 115000 Total Assets ? Current Assets 108,600 Tax rate 15% Earning before tax 69,500 Research and Development $14,200 Training expenses for employees $13700 Sales S 66,200 Cost of debt 7% GDP growth 1.7% CPI (beginning 108 CPI (ending) 111 Market return 9.5% Beta 1.6 Current Liabilities consist of 20% of Notes Payable and 30% of current portion of the long term debt. REQUIRED 1. Calculate interest expense, tax and EBIT 2. Calculate the total capital employed of the company. 3. Calculate weighted average cost of capital. 4. What is the EVA of the company? 5. What are the major disadvantages of using EVA to evaluate performance of an investment centre? 6. Compare centralized system and decentralized system of an organization