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Unformatted text preview: ? EVA as a business/division performance measure:
NOPAT: Net Operating profit after tax = EBIT (1- TC) Question 2: Cost of Capital (WACC)
Conceptually, what do we mean by cost of capital?
WACC? What is your estimate of WACC for Midland?
What Question 3: Midland’s Current Debt / Equity Ratio
Exhibit 2 and 4 How do we define debt?
How How do we define equity? What is Midland’s current debt/equity ratio? Question 3: Midland’s Current Debt / Equity
Ratio – Alternative Interpretation – Exhibit 5
Ratio How do we define debt...
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This document was uploaded on 01/15/2014.
- Fall '14