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7. Newport Division of the Mexico Company has the following statistics for its most recent operations: Assets available for use (market value) P3,600,000 Assets available
7. Newport Division of the Mexico Company has the following statistics for its most recent operations: Assets available for use (market value) P3,600,000 Assets available for use (book value) P2,000,000 Newport Division's return on investment 25% Newport division's residual income P200,000 Compute EVA assuming the cost of capital is 10%and the tax rates 40%. a. 150,000 b. 90,000 C. (60,000) d. 0
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