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pyre company reported net operating income equal to $150,000 this year. Examination of the companys balance sheet and income statement shows that the tax rate
pyre company reported net operating income equal to $150,000 this year. Examination of the companys balance sheet and income statement shows that the tax rate was 40 percent, the depreciation expense was $40,000, $120,000 was invested in assets during the year, and invested capital currently is $1,100,000. If psyres average after-tax cost of funds is 10 percent, what is the firms EVA?
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