[Solved] 3.Information for Boom division are as fo

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3.Information for Boom division are as follows: Net earnings for division P 20,000 Asset base for division P 50,000 Target rate of return 15% Operating

3.Information for Boom division are as follows:

Net earnings for division P 20,000

Asset base for division P 50,000

Target rate of return 15%

Operating income margin 10%

Weighted average cost of capital 12%

Compute for Boom's Economic Value Added.

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