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8. NEIU Company reports the following information: Net operating profit after taxes Adjusted net operating profit after taxes Average invested capital Adjusted average invested capital
8. NEIU Company reports the following information: Net operating profit after taxes Adjusted net operating profit after taxes Average invested capital Adjusted average invested capital After-tax cost of capital $450,000 $500,000 $650,000 $750,000 8% The adjusted figures reflect adjustments used by Stern Stewart & Company. What is the EVA for NEIU Company? A) $60,000 B) $440,000 C) $450,000 D) $500,000
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