Houston Pumps recently reported net income of $600,000, and an interest expense of $244,000. The company...

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Houston Pumps recently reported net income of $600,000, and an interest expense of $244,000. The company has total invested capital employed of $7.2 million, a tax rate of 40%, and an after-tax cost of capital of 10%. What is the company's EVA? Your answer should be between 9200 and 37500, rounded to even dollars (although decimal places are okay), with no special characters. Houston Pumps recently reported net income of $600,000, and an interest expense of $244,000. The company has total invested capital employed of $7.2 million, a tax rate of 40%, and an after-tax cost of capital of 10%. What is the company's EVA? Your answer should be between 9200 and 37500, rounded to even dollars (although decimal places are okay), with no special characters.

Answer rating: 100% (QA)

NOPAT EBIT1t EBIT 60000... View the full answer