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Milligan Industries has operating income for the year of $1,750,000 and a 25% tax rate....

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Milligan Industries has operating income for the year of $1,750,000 and a 25% tax rate. Its total invested capital is $10,000,000 and its after-tax percentage cost of capital is 8%. What is the firms EVA? Use the following formula: EVA=EBIT(1-T)(TotalinvestedcapitalAfter-tax%costofcapital)

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