Metlock Enterprises is capitalized 40% with debt and 60% with equity. Its average debt rate is 7%, and its average equity rate is 9%. Metlock's best-performing segment earned operating income of $204,000 using invested capital of $1,270,000. The company's tax rate is 22%. Calculate this segment's EVA this year. EVA $ 54980 If its EVA last year was $37,000 based on the same WACC and the same asset base, how much after-tax operating income did it earn last year? After-tax operating income eTextbook and Media Save for Later 181000 Attempts: 1 of 5 used Submit Answer