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Scrantoh Shipyards has $20 million in total invested operating capital, and its WACC is 10% Seranton has th following income statement: Sales $10.0 million Operating
Scrantoh Shipyards has
$20
million in total invested operating capital, and its WACC is
10%
Seranton has th following income statement:\ Sales\
$10.0
million\ Operating costs\ 6.0 million\ Operating income (EBIT)\ $ 4.0 million\ Interest expense\ 2.0 million\ Earnings before taxes (EBT)\ $ 2.0 million\ Taxes (40%)\ 0.8 million\ Net income\ $ 1.2 million\ What is Scranton's EVA?\
$400,000
\
$420,000
\
$441,000
\
$463,050
\
$486,203
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