Question
Spirit Corp has $40 million in total operating capital. Their WACC is 14% Income Statement: Sales $50 Million O&M $30 Million EBIT $20 Million Interest
Spirit Corp has $40 million in total operating capital. Their WACC is 14%
Income Statement:
Sales $50 Million
O&M $30 Million
EBIT $20 Million
Interest Expense $6 million
EBT $14 Million
Taxes 35% or $4.9 million
Net Income $9.1 Million
What is EVA
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
