Question: Can someone help me with finding EBIT? Both answers I entered are incorrect. Thanks Limoilou Corp. uses no debt. The weighted average cost of capital

Can someone help me with finding EBIT? Both answers I entered are incorrect. Thanks

Limoilou Corp. uses no debt. The weighted average cost of capital is 8%. The current market value of the equity is $18 million and the corporate tax rate is 35% What is the EBIT? (Enter your answer in thousands of dollars not in millions. Omit $ sign in your response.) $ What is WACC? (Enter your answer as a percentage rounded to 2 decimal places.) WACC % Limoilou Corp. uses no debt. The weighted average cost of capital is 8%. The current market value of the equity is $18 million and the corporate tax rate is 35% What is the EBIT? (Enter your answer in thousands of dollars not in millions. Omit $ sign in your response.) EBIT \$ What is WACC? (Enter your answer as a percentage rounded to 2 decimal places.)

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