Question
Bad Batch Motors recently reported the following information: * EBITDA = $1,500,000. * Tax rate = 30%. * Depreciation & Amortization = $200,000. * Interest
Bad Batch Motors recently reported the following information:
* EBITDA = $1,500,000.
* Tax rate = 30%.
* Depreciation & Amortization = $200,000.
* Interest expense = $400,000.
* Total capital employed (TCE) = $16.5 million.
* After-tax cost of capital (ATCC) = 5%.
What is the company's EVA?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
