Question: Exhibit 9 . 1 5 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM You are provided with the following information on Kayray Corporation. Your ultimate

Exhibit 9.15
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM
You are provided with the following information on Kayray Corporation. Your ultimate objective is to calculate the EVA for the firm.
LIFO reserve
Net plant, property, and equipment
Other assets
Goodwill
Accumulated Goodwill amortized
PV of Operating leases
Tax benefit from interest on expenses
Tax benefit from interest on leases
Taxes on non-operating income
Implied interest on op. lease
Increase in LIFO reserve
Goodwill amortization
Operating profit
Income tax expense
Net working capital
WACC
Refer to Exhibit 9.15. Calculate the capital for the firm.
a.2,524
b.1,987
c.1,725
d.1,953
e.2,385
60
1,325
30
325
65
140
10
5
2
9.5
12
15
550
215
440
0.12
 Exhibit 9.15 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM You

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