4. Look again at Table 28.11 . At the end of fiscal 2008 Este Lauder had 195...
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4. Look again at Table 28.11 . At the end of fiscal 2008 Estée Lauder had 195 million shares outstanding 20 with a share price of $45.50. The company’s weighted-average cost of capital was about 10%. Calculate
a. Market value added.
b. Market-to-book ratio.
c. Economic value added.
d. Return on capital.
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