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Q10. LL Corporation has operating income of $275,000 and a 25% tax rate. The firm has short-term debt of $143,000, long-term debt of $323,000, and

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Q10. LL Corporation has operating income of $275,000 and a 25% tax rate. The firm has short-term debt of $143,000, long-term debt of $323,000, and common equity of $466,000. Firms net income is $125,000. Firm's invested capital $1M and cost of capital 10%. a. Calculate firms return on invested capital b. Calculate firms EVA

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