Computing economic value added A business whose investors require a re turn on investment of 8% after
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Computing economic value added A business whose investors require a re¬ turn on investment of 8% after taxes reports an after-tax income of $1 million on an investment of $20 million. What is the economic value added for this business?
(LO 1)
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Management Accounting
ISBN: 9780130101952
3rd Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, S. Mark Young, Rajiv D. Banker, Pajiv D. Banker
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