Question: Olay Co. has $3mi net operating working capital and $30 mi net fixed assets. It has sales of $35mi, costs of $20mi, depreciation expense of

Olay Co. has $3mi net operating working capital and $30 mi net fixed assets. It has sales of $35mi, costs of $20mi, depreciation expense of $2.5mi., interest expense of $750,000, and a tax rate of 34 percent. Calculate the firms EVA if the weighted average cost of capital (WACC) is 7.25%

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