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b. Chan company has RM40 million in total net operating capital. The company's WACC is 12 percent. The company has the following income statement: (5

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b. Chan company has RM40 million in total net operating capital. The company's WACC is 12 percent. The company has the following income statement: (5 marks) Sales RM42.0 million Operating costs 22.0 million Operating income (EBIT) 20.0 million Interest expense 6.0 million Earnings before taxes (EBT) 14.0 million Taxes (50%) 7.0 million Net income RM 7.0 million What is Chan's Economic Value Added (EVA)

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