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Casey Motors recently reported the following information: Net income = $475,000. Tax rate = 25%. Interest expense = $200,000. Total invested capital = $9 million.
Casey Motors recently reported the following information: Net income = $475,000. Tax rate = 25%. Interest expense = $200,000. Total invested capital = $9 million. After-tax cost of capital = 10%. What is the company's EVA? -$275,000 -$277,750 -$291,500 -$305,250 -$209,000
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