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Brief Exercise 25. 8 (Static) Calculate EVA (LO25-4). The weighted -average cost of capital of Eagle Ridge is 8 Percent. Last year one of Eagle

Brief Exercise 25. 8 (Static) Calculate EVA (LO25-4). The weighted -average cost of capital of Eagle Ridge is 8 Percent. Last year one of Eagle Ridge's divisions generated an EVA of $ 3,200,000 while the division's assets less its current liabilities were $24,000,000. How much after-tax operating income did the division generate? After tax operating income

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