This topic contains a solution. Click here to go to the answer

Author Question: The following data relates to the Miracle Corporation and its Toy Division.Toy Division sales ... (Read 79 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
The following data relates to the Miracle Corporation and its Toy Division.

Toy Division sales $8,000,000
Toy Division operating income $480,000
Toy Division total assets $2,000,000
Toy Division current liabilities $600,000
Corporate target rate of return14%
Corporate weighted average cost of capital10%
Corporate effective tax rate30%


What is the Toy Division's Economic Value Added (EVA)?
◦ $336,000
◦ $196,000
◦ $140,000
◦ $200,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kshipps on Jan 5, 2020

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
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 29% of students answer this correctly




kshipps

  • Member
  • Posts: 571
Reply 2 on: Jan 5, 2020
Great answer, keep it coming :)


deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library