Jane Doe is a private company which a management accountant is analyzing its performance. So it is trying to look at different components that are distributing to its success. The tests he wants to carry out are the following using the table below:

Current liabilities	$34500
Notes payable	65600
Bond payable	28500
Equity	190,000
Total Assets	?
Accumulated Depreciation on buildings	$15000
Current Assets	48,600
Core current asset	27,800
Non operating assets	$12,000
Tax rate	25%
Net income	$39,500
Research and Development	$28200
Training expenses for employees	$19700
Sales	56200
Interest on debt	7000
Government Bond Rate	3%
Market Index in January 2021	18765
Market Index in December 2021	20,000
Beta	1.8
Beginning Operating assets	$300,000

REQUIRED

1. Calculate interest expense, tax and EBIT

2. Calculate the total capital employed of the company.

3. Calculate weighted average cost of capital.

4. What is the EVA of the company?

5. Calculate Residual Income.

6. Find average Operating assets

7. Calculate both methods of ROI

8. What are the major advantages of using EVA to evaluate performance?