Following is information for the Fulcrum Company€™s three business segments located in Europe.

Fulcrum€™s applicable tax rate for the segments is 30%, and its weighted average cost of capital for each segment is 10%.

REQUIRED
Determine the segment with the highestEVA.

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Segment A 8,000,000 8,000,000 32,000,000 4,000,000 Segment B 4,000,000 6,000,000 26,000,000 2,000,000 Segment C 6,000,000 8,000,000 16,000,000 3,000,000 Pretax operating income Current assets Long-term assets Current liabilities