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2:09 PM Sun Sep 25 . . . 112 76% AA education.wiley.com a C + Content W NWP Assessment Builder UI Application X W NWP

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2:09 PM Sun Sep 25 . . . 112 76% AA education.wiley.com a C + Content W NWP Assessment Builder UI Application X W NWP Assessment Player UI Application - Unit VIII Lab Assignment Question 7 of 7 > /10 : View Policies Current Attempt in Progress Marx Hospital is a division of Superior Healthcare that is organized as an investment center. In the past year, the hospital reported an after-tax income of $3,010,000. Total interest expense was $1,419,000, and the hospital's tax rate was 20 percent. Hospital assets totaled $30, 100,000, and noninterest-bearing current liabilities were $9,804,000. Superior has established a required rate of return equal to 18 percent of invested capital. Calculate the residual income/EVA of Marx Hospital. (Enter negative answers preceding either - sign, e.g. -45 or in parentheses, e.g. (45).) Residual income/EVA $ eTextbook and Media Save for Later Attempts: 0 of 1 used Submit

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