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Calculate economic profit based on the following information: WACC =7.60% ; Total Assets =$1,366 ; Net Income =$266 ; EBIT =$327 ; Payroll Payable =$20

Calculate economic profit based on the following information: WACC

=7.60%

; Total Assets

=$1,366

; Net Income

=$266

; EBIT

=$327

; Payroll Payable

=$20

; Total Equity

=$1,395;

Rate

=10%;

Cash

=$66

; Accounts Payable

=$25

; Bank Debt with interest rate of

7%=$45

. (Hint: Accounts Payable and Payroll Tax Payable are the only non-interest bearing liabilities).\

15.85%

\

13.60%

\

14.28%

\

15.04%

\

11.58%

\

13.50%

\

-13.50%

\

23.45%

\

-7.60%

\

-15.85%

\

13.85%
image text in transcribed
Calculate economic profit based on the following information: WACC=7.60%; Total Assets =$1,366; Net Income =$266; EBIT =$327; Payroll Payable =$20; Total Equity =$1,395; Rate =10%; Cash =$66; Accounts Payable =$25; Bank Debt with interest rate of 7%=$45. (Hint: Accounts Payable and Payroll Tax Payable are the only non-interest bearing liabilities). 15.85% 13.60% 14.28% 15.04% 11.58% 13.50% 13.50% 23.45% 7.60% 15.85% 13.85%

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