Once Bitten Corp. uses no debt. The weighted average cost of capital is 10.4 percent. The current market value of the equity is $18 million and the corporate tax rate is 35 percent. |
What is EBIT? |
EBIT = value of equity * WACC / (1- tax rate)............(since there is no debt).
=>18m*10.40% / (1-0.35)
=>$1.872 m / 0.65
=>$1,872,000/0.65
=>$2,880,000.
Once Bitten Corp. uses no debt. The weighted average cost of capital is 10.4 percent. The...
Once Bitten Corp. uses no debt. The weighted average cost of capital is 5 percent. The current market value of the equity is $16 million and the corporate tax rate is 35 percent. What is EBIT? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Round your answer to 2 decimal places, e.g., 32.16.) EBIT $
STP Corp. uses no debt. The weighted average cost of capital is 10.4 percent. The current market value of the equity is $18 million and the corporate tax rate is 35 percent. What is the EBIT? (Enter your answer in dollars, not millions of dollars, i.e. 1,234,567. Round your answer to 2 decimal places. (e.g., 32.16)) EBIT $
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Gunnar Corp. uses no debt. The weighted average cost of capital is 8.5 percent. The current market value of the equity is $43 million and the corporate tax rate is 21 percent. What is EBIT?
Gunnar Corp. uses no debt. The weighted average cost of capital is 8.5 percent. The current market value of the equity is $43 million and the corporate tax rate is 21 percent. What is the EBIT? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)
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Gunnar Corp. uses no debt. The weighted average cost of capital is 5 percent. If the current market value of the equity is $16 million and there are no taxes, what is EBIT?
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