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Please show formula used Scranton Shipyards has $20 million in total operating capital. The company's WACC (ie, after tax cost of capital) is 12 percent.

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Please show formula used

Scranton Shipyards has $20 million in total operating capital. The company's WACC (ie, after tax cost of capital) is 12 percent. The company has the following income statement: Sales $100 million 6.0 million Operating income (EBIT) $40 million 2.0 million Earnings before taxes (EBT $2.0 million Operating costs Interest expense Taxes (40%) Net income What is Scranton's EVA

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