This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume the Cell Phone Division of the First Electronics Corporation had the following results last ... (Read 50 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Jan 5, 2020
Assume the Cell Phone Division of the First Electronics Corporation had the following results last year (in thousands). Management's target rate of return is 10% and the weighted average cost of capital is 7%. Its effective tax rate is 30%.

Sales $6,000,000
Operating income      900,000
Total assets   3,000,000
Current liabilities      750,000


What is the First Electronics Corporation cell phone division's Economic Value Added (EVA)?
◦ $600,000
◦ $630,000
◦ $157,500
◦ $472,500
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by V@ndy87 on Jan 5, 2020

SAUXC

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


V@ndy87

  • Member
  • Posts: 571
Reply 2 on: Jan 5, 2020
Thanks for the timely response, appreciate it

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

The effects of germ-line versus somatic cell mutations. The effects of germ-line versus somatic cell mutations.
A molecular model showing chromosome territories in the cell nucleus of humans A molecular model showing chromosome territories in the cell nucleus of humans
Leaf Cell Leaf Cell
Phagocytosis. The cell engulfs and digests a bacterium. Phagocytosis. The cell engulfs and digests a bacterium.
Structure of an animal cell Structure of an animal cell
Distribution of skin color as measured by a reflectometer at a wavelength of 685 nm. The results are Distribution of skin color as measured by a reflectometer at a wavelength of 685 nm. The results are
Video: Lactation and Breast Feeding

For a complete list of videos, visit our video library