What is its return on invested capital

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Question - Use information below

Sales 8,250,000

Operating Cost 4,725,000

Operating Income 3,525,000

Interest expense 1,750,000

Earnings before taxes 1,775,000

Taxes (40%) 621,250

Net income 1,153,750

WACC= 8%, Total invested capital = 24,875,000.

Calculate the EVA (2 decimal places).

What is TIE Ratio? (4 decimal places).

What is its return on invested capital? (2 decimal places, express in percentage).

Reference no: EM133188328

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