What are some of the valuable characteristics about float

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Reference no: EM131820614

1. Given earnings before interest and taxes of $20,000, a corporate tax rate of 42%, total invested capital of $40,000and an after tax percentage cost of capital of 15%. Calculate the firm's economic value added (EVA) $

2. The income statement reflects income and expenses in accordance with GAAP (T/F)

3. What are some of the valuable characteristics about a "Float" and why it is important for financial managers to understand and also it's personal financial implications?

Reference no: EM131820614

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