ion 9 e information below provided by Angel Baby Angel Company: 8,250,000.00 ting costs 4,725,000.00 ting income 3,525,000.00 st expense 1,750,000.00 ngs before

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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es are asked,
provide decimal places when specifically mentioned in the problem. Round off to the
ot round off during computations
Question 9
Use the information below provided by Angel Baby Angel Company:
Sales
8,250,000.00
Operating costs
4,725,000.00
Operating income
3,525,000.00
Interest expense
1,750,000.00
Earnings before
1,775,000.00
taxes
Taxes (40%)
621,250.00
Net income
1,153,750.00
WACC = 8%, Total invested capital 24,875,000. Calculate the EVA. (2 decimal places)
Transcribed Image Text:es are asked, provide decimal places when specifically mentioned in the problem. Round off to the ot round off during computations Question 9 Use the information below provided by Angel Baby Angel Company: Sales 8,250,000.00 Operating costs 4,725,000.00 Operating income 3,525,000.00 Interest expense 1,750,000.00 Earnings before 1,775,000.00 taxes Taxes (40%) 621,250.00 Net income 1,153,750.00 WACC = 8%, Total invested capital 24,875,000. Calculate the EVA. (2 decimal places)
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