Question
Triangle Dental Supply Company, which is 100% equity financed has EBIT of $8 million and a tax rate of 40%. Total operating capital is $20
Triangle Dental Supply Company, which is 100% equity financed has EBIT of $8 million and a tax rate of 40%. Total operating capital is $20 million. The company has total assets of $25 million. If its weighted average cost of capital is 15% calculate Triangle's economic value added (EVA). EVA = (ROA -K) * Capital.
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
4th International Edition
0132912813, 9780132912815
