Return on invested capital $($ROIC$)$

NNR Inc.$\text{'}$s balance sheet showed total current assets of $$1,875,000$ plus $$4,225,000$ of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $$475,000$ of accounts payable, $$375,000$ of $6\%$ short$-$term notes payable to the bank, and $$150,000$ of accrued wages and taxes. Its remaining capital consisted of long$-$term debt and common equity. Net income $=$$$300,000$; Net operating profit after taxes $($NOPAT$)=$$$400,000$; What was NNR$\text{'}$s total investor$-$provided operating capital?

What is the Return on invested capital $($ROIC$)$ for the current year?

EVA

Casey Motors recently reported the following information:

$,$ Net income $=$$$600,000.$

Tax rate $=40\%.$

Interest expense $=$$$200,000.$

Operating capital $=$$$9$ million.

After$-$tax cost of capital $=10\%.$

What is the company's EVA?