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What is economic value added? Calculate the companys (MNC) economic value added (EVA) based on the information below: DEBIT in 2019 amounted to 8,160 million
What is economic value added? Calculate the companys (MNC) economic value added (EVA) based on the information below: DEBIT in 2019 amounted to 8,160 million USD. Applicable tax rate is 39%. 65% of the companys assets are financed by debt which has an after-tax cost of 2.5%, while 35% is financed by equity with a cost of 7.7%. The companys average total capital employed over the period amounted to 60,421 million.
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