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Casey Motors recently reported the following information: Net income $750,000. Tax rate 25%. Interest expense $200,00o. Total invested capital employed After-tax cost of capital 10
Casey Motors recently reported the following information: Net income $750,000. Tax rate 25%. Interest expense $200,00o. Total invested capital employed After-tax cost of capital 10 %. $9.3 million. What is the company's EVA? a. -$32,100 b. -$35,100 O c. -$34,500 O d. -$29,400 e. -$30,000
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