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Kwill Pens, Inc. produces the following income statement and balance sheet for the year. The company has a tax rate of 35% and a cost

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Kwill Pens, Inc. produces the following income statement and balance sheet for the year. The company has a tax rate of 35% and a cost of capital of 13.75%. Income Statement (5 millions) Balance Sheet ($ millions) Net sales $3,900.00 Assets Expenses 1,160.00 Current assets $ 1,950.00 Depreciation 580.00 Net fixed assets 2,925.00 EBIT $ 2,160.00 Total assets $ 4,875.00 Interest expense 870.00 Taxable income $ 1,290.00 Liabilities & Owner's Equity Taxes (35%) 451.50 Current liabilities $ 1,560.00 Net income 838.50 Long-term debt 2.145.00 Owner's equity 1.170.00 Total liabilities and equity $4,875.00 a. What is the company's after-tax operating income? (Enter your answer in millions and round to two decimal places.) million After-tax operating income b. What is the company's total capitalization? (Enter your answer in millions and round to two decimal places.) Total capitalization million c. What is the company's economic value added? (Enter your answer in millions and round to two decimal places.) Economic value added million

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