Answered You can hire a professional tutor to get the answer.
I know that the formula for EVA(Economic Value Added) is EBIT(1-T)-Total invested capital x WACC( After tax percentage cost of capital).
I need help answering this question. I know that the formula for EVA(Economic Value Added) is EBIT(1-T)-Total invested capital x WACC( After tax percentage cost of capital). What I cannot figure out from my question, is how to figure out the Total invested Capital. I have been working on this for over an hour. PLEASE HELP.
So far I have 650(1-.40)-[?? x 9%WACC] I need to find the EVA for 2013.