Question
SS corporation has $11M in total invested capital and its cost of capital is 10%. This is the company income statement: Sales $10M EBIT $4M
SS corporation has $11M in total invested capital and its cost of capital is 10%. This is the company income statement:
Sales $10M
EBIT $4M
Interest Expenses $2M
EBT $2M
Taxes (25%) $0.5M
Net Income $1.5M
Calculate EVA
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
