Question: 5 . Backhaus Beer Brewers ( BBB ) just announced that the current fiscal year s net income was $ 1 . 2 million. BBB

5. Backhaus Beer Brewers (BBB) just announced that the current fiscal years net income was $1.2 million. BBBs marginal tax rate is 40 percent, its interest expense for the year was $1.5 million, it has $8 million of invested capital, and its average cost of funds was 10 percent. What is BBBs economic value added (EVA) for the current year?

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