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Scranton Shipyards has $8.5 million in total invested operating capital, and its WACC is 10%. Scranton has the following income statement: Sales Operating costs Operating
Scranton Shipyards has $8.5 million in total invested operating capital, and its WACC is 10%. Scranton has the following income statement: Sales Operating costs Operating income (EBIT) Interest expense Earnings before taxes (EBT) Taxes (25%) Net income O $1,937,500 What is Scranton's EVA? Answer options are provided in whole dollar. O $1,860,000 O $2,150,000 O $1,472,500 $10.0 million 6.0 million $ 4.0 million 2.0 million $2.0 million O $2,956,500 0.5 million $ 1.5 million
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