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FIRE 371 1) Olay Co. has $3mi net operating working capital and $30 mi net fixed assets. It has sales of $35mi, costs of $20mi, depreciation expense of $2.5mi., interest expense of $750,000, and a tax rate of 34 percent. Calculate the firm's EVA if the weighted average cost of capital (WACC) is 7.25%. 2) Smolira Co. had $190,000 taxable income. Using the fllowing Tax Table, calculate the company's actual taxes paid. Marginal Cumulative Taxable Income $0-50,000 50,001:75,000 75,001-100,000 100,001-335,000 335,001 10,000,000 10,000,001 15,000,000 15,000,001-18,333,333 18,333,334+ Tax Rates 15% 25% 34% 39% 34% 35% 38% 35% Tax Liability $7,500 13,750 22,250 113,900 3,400,000 5,150,000 6,416,667 N/A 15.00% 18.33% 22.25% 34.00% 34.00% 34.33% 35.00% 35.00% | t Thamcon Co had $150.00 and $310,000 in cash on the balance sheet at the end of 2Xx0 and 2xx1