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Emerald Division had the following information: Current Liabilities $ 3,600,000 Investment base 35,000,000 Net operating income before taxes 4,000,000 Tax rate 35% Cost of capital

Emerald Division had the following information:

Current Liabilities $ 3,600,000

Investment base 35,000,000

Net operating income before taxes 4,000,000

Tax rate 35%

Cost of capital 7%

Calculate Emerald Division's economic value added.

How do I calulate EVA and Income after taxes?

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