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7 20 points Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in

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7 20 points Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEI has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. eBook Sales revenue Divisional income Divisional investment Current liabilities R&D Print Consumer $56,000 Commercial $88,000 12,100 12,555 36,000 40,500 4,400 4,400 4,200 4,400 Required: Evaluate the performance of the two divisions assuming UEI uses economic value added (EVA). (Enter your answers in thousands of dollars rounded to 1 decimal place.) References EVA of Consumer division EVA of Commercial division Which division performed better?

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