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XYZ Company's net operating profit before taxes is $180 million. The tax rate is 40%. XYZ's total assets (invested capital) are $1,150 million, and current

XYZ Company's net operating profit before taxes is $180 million. The tax rate is 40%. XYZ's total assets (invested capital) are $1,150 million, and current liabilities are $130 million. The weighted average cost of capital (WACC) is 9%.

Compute the economic value added (EVA). To do that, first compute NOPAT = $ million (if you get say $55.4million, enter 55.4, not 55,400,000) After that, compute EVA = $ million (If you get a negative number, enter it with a minus sign. E.g., if you got negative $3.25 million, enter -3.25)

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