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Author Question: The following information for Comfy Inns was available for the past year:Sales$600,000Operating ... (Read 56 times)

vicky

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on: Jan 5, 2020
The following information for Comfy Inns was available for the past year:

Sales$600,000
Operating Income$156,000
Total Assets$400,000
Current Liabilities$165,000

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

Calculate the EVA.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by vicky on Jan 5, 2020

mistyjohnson

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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.
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vicky

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

coreycathey

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Reply 3 on: Yesterday
Excellent

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