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Assume that a firm has EBIT of $15,584,650, a tax rate of 40.0 percent, total invested capital of $68,600,000, and a weighted average cost of
Assume that a firm has EBIT of $15,584,650, a tax rate of 40.0 percent, total invested capital of $68,600,000, and a weighted average cost of capital (WACC) of 12.904 percent. Given this information, determine the economic value added (EVA) for this firm. \begin{tabular}{|} $361,446 \\ $567,246 \\ $635,846 \\ $430,046 \\ $498,646 \end{tabular}
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