Computing Economic Value Added Firefly Travel Services has recently shifted its performance measurement system to include Economic
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Computing Economic Value Added Firefly Travel Services has recently shifted its performance measurement system to include Economic Value Added (EVA®). The Firefly accountant gathered the following data for 2009:
The average tax rate on income for Firefly Travel Services is 32%. Assume that the WACC is 15.5%. Compute Firefly’s EVA®.
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Related Book For 
Accounting Concepts And Applications
ISBN: 9780324376159
10th Edition
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain
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