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)?© BrainMass Inc. brainmass.com March 4, 2021, 6:46 pm ad1c9bdddf
EVA is a measure of a company's financial performance based on the residual wealth calculated by deducting cost of ...
The expert determines what is the company's economic value added. EVA is examined.