What is company economic value added
Problem:
My company reported the following information:Net income = $600,000.Tax rate = 40%.Interest expense = $200,000.Operating capital = $9 million.After-tax cost of capital = 10%.What is my company's Economic Value Added (EVA)?
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My company reported the following information: What is my company's Economic Value Added (EVA)?
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What is the level of retained earnings on the company's balance sheet this year?
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