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the answer should be A. not sure how to get there. 23 Kunz Products recently reported the following information: Net income = $720,000. Sales =

the answer should be A. not sure how to get there. image text in transcribed
23 Kunz Products recently reported the following information: Net income = $720,000. Sales = $10,000,000. EBT = 720,00 Tax rate=35%. Interest expense = $350,000. 1 - 35 Total Assets = $11 million. Accounts Payable = $4 million. EBIT = 1107 Accruals = $2.5 million Notes Payable = $2 million. After-tax cost of capital = 15%. What is the company's EVA? a) $272,500 b. $1,622,500 c. $572,500 d. $1,341,800 e. $543,212 EVA = 145

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