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EVA Britton Industries has operating income for the year of $3,400,000 and a 37% tax rate. Its total invested capital is $20,000,000 and its after-tax

EVA

Britton Industries has operating income for the year of $3,400,000 and a 37% tax rate. Its total invested capital is $20,000,000 and its after-tax percentage cost of capital is 5%. What is the firms EVA?

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