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Casey Motors recently reported the following information: Net income = $600,000. Tax rate = 40%. Interest expense = $200,000. Total invested capital employed = $9
Casey Motors recently reported the following information: Net income = $600,000. Tax rate = 40%. Interest expense = $200,000. Total invested capital employed = $9 million. After-tax cost of capital = 10%. What is the company's EVA?
-135,000 | ||
-180,000 | ||
-203,400 | ||
-216,000 | ||
-198,000 |
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