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A Company has total assets of S600,000, a 10% target rate of return, a return on investment of 12%, an 8% weighted average cost of

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A Company has total assets of S600,000, a 10% target rate of return, a return on investment of 12%, an 8% weighted average cost of capital, and current liabilities of S100,000. What is the Company's economic value added if we assume that the income tax rate is 40%? Calculate the EVA. Then explain how you would interpret the economic value added

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