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Author Question: The following information for Hamton Inns was available for the past year:Sales$840,000Operating ... (Read 56 times)

ARLKQ

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The following information for Hamton Inns was available for the past year:

Sales$840,000
Operating Income$560,000
Total Assets$2,250,000
Current Liabilities$250,000

Management has a 25% target rate of return. Hamton's weighted average cost of capital is 17% and its effective tax rate is 32%.

Calculate the EVA.


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Marked as best answer by ARLKQ on Jan 5, 2020

macmac

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ARLKQ

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Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review


atrochim

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Reply 3 on: Yesterday
:D TYSM

 

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