Calculate the ROCE before and after tax (tax rate in previous exercise)

Calculate the Economic Profit in % as the difference between the ROCE after tax and the WACC

Calculate the Economic Profit in $ as the difference between the EBIT after tax and the financing cost (CE * WACC), then as the multiplication of EP(%) (how much I earn out of each dollar invested) by capital employed (CE) (how many dollars I actually invested): both calculations should end to the same result.

Build the income statement (P&L) from the EBIT: you deduct the interest expense, then corporate taxes. To calculate the interest expense, you get back to the financial structure (debt represents 20% of financial resources) to assess the amount of debt, which you multiply by the interest rate to get the interest expense. After having subtracted corporate tax, you get to the bottom line, net earnings attributable to shareholders.

Calculate the Economic Profit (EP)

To calculate the EP, you must subtract, from the net earnings attributable to shareholders, the minimum profit they expect out of their investment, which you get multiplying the return they expect (again, module 5!) by the equity they invested (80% of capital employed). You get the same result as in question 3!!!