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Beslans income statement shows its net income this year was $143,000, its interest expense was $125,000, and its marginal tax rate was 35 percent. Beslans
Beslans income statement shows its net income this year was $143,000, its interest expense was $125,000, and its marginal tax rate was 35 percent. Beslans balance sheet shows its invested capital is $1.4 million. If its average cost of funds is 14 percent, what was Beslans economic value added (EVA) this year? (LO 7-3)
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Options Futures And Other Derivatives
Authors: John C. Hull
4th Edition
0130224448, 9780130224446
