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Author Question: Waldorf Company has two sources of funds: long-term debt with a market and book value of $5,200,000 ... (Read 98 times)

ghost!

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Waldorf Company has two sources of funds: long-term debt with a market and book value of $5,200,000 issued at an interest rate of 13%, and equity capital that has a market value of $4,200,000 (book value of $2,400,000). Waldorf Company has profit centers in the following locations with the following operating incomes, total assets, and current liabilities. The cost of equity capital is 13%, while the tax rate is 25%.

Operating IncomeAssetsCurrent Liabilities
St. Louis$480,000$2,000,000$100,000
Cedar Rapids$620,000$2,000,000$310,000
Wichita$1,020,000$6,000,000$600,000
What is the EVA® for Cedar Rapids? (Round intermediary calculations to four decimal places.)
◦ $275,720
◦ $465,000
◦ $430,720
◦ $241,000


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Marked as best answer by ghost! on Mar 6, 2021

covalentbond

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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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ghost!

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Reply 2 on: Mar 6, 2021
Excellent


ASDFGJLO

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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