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Author Question: Coldbrook Company has two sources of funds: long-term debt with a market and book value of ... (Read 86 times)

tuffie

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on: Mar 6, 2021
Coldbrook Company has two sources of funds: long-term debt with a market and book value of $17,000,000 issued at an interest rate of 11%, and equity capital that has a market value of $6,000,000 (book value of $5,500,000). Coldbrook Company has profit centers in the following locations with the following operating incomes, total assets, and current liabilities. The cost of equity capital is 15%, while the tax rate is 35%.

​Operating IncomeAssetsCurrent Liabilities
Bish Bash Falls$ 815,000$3,750,000$ 800,000
Brooksville$1,100,000$5,000,000$1,200,000
Stonybrook$2,700,000$9,600,000$3,400,000
What is the EVA® for Stonybrook? (Round intermediary calculations to four decimal places.)
◦ $1,184,600
◦ $1,755,000
◦ $570,400
◦ $658,693
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by tuffie on Mar 6, 2021

Brummell1998

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Reply #1 on: Mar 6, 2021
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.
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tuffie

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

hollysheppard095

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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