Question: 3. Computing EVA A company that uses EVA reported the following results for 20x4 and 20x5 (in millions): 20X9 20x9 20x0 Pretax operating income $6,105

 3. Computing EVA A company that uses EVA reported the following

3. Computing EVA A company that uses EVA reported the following results for 20x4 and 20x5 (in millions): 20X9 20x9 20x0 Pretax operating income $6,105 $ 6,100 Cash taxes 1,686 1,620 Average adjusted invested capital was $16,125 million in 20x4 and $18,110 million in 20x5, and the cost of capital was 14% in both 20x4 and 20x5. 1. Compute the company's EVA for 20x9 and 20x0. 2. Compare the company's performance in creating value for its shareholders in 20xo with that in 20X9. 3. Computing EVA A company that uses EVA reported the following results for 20x4 and 20x5 (in millions): 20X9 20x9 20x0 Pretax operating income $6,105 $ 6,100 Cash taxes 1,686 1,620 Average adjusted invested capital was $16,125 million in 20x4 and $18,110 million in 20x5, and the cost of capital was 14% in both 20x4 and 20x5. 1. Compute the company's EVA for 20x9 and 20x0. 2. Compare the company's performance in creating value for its shareholders in 20xo with that in 20X9

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