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14) Assume an organization's cost of capital is 10% and Division X has operating income of $3 million and uses $20 million of capital. The

14) Assume an organization's cost of capital is 10% and Division X has operating income of $3 million and uses $20 million of capital. The economic value added for Division X is:

A) $200,000.

B) $300,000.

C) $1,000,000.

D) $1,700,000.

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