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Casey Motors recently reported the following information: Net income = $420,000. Tax rate = 25%. Interest expense = $150,000. Total invested capital employed = $9.3
Casey Motors recently reported the following information:
- Net income = $420,000.
- Tax rate = 25%.
- Interest expense = $150,000.
- Total invested capital employed = $9.3 million.
- After-tax cost of capital = 10%.
What is the company's EVA? Answer options are provided in whole dollar.
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