Massa has $30 million in total invested operating capital, and its WACC is 10%. Massa...
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Massa has $30 million in total invested operating capital, and its WACC is 10%. Massa has the following income statement: Sales Operating costs Operating income (EBIT) Interest expense Earnings before taxes (EBT) Taxea (40%) Net income $10.0 million 6.0 million $ 40 million 20 million $ 2.0 million 0.8 million 12 million What is Massa's EVA
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