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Carolina Corporation has an after-tax operating income of $3,200,000 and a 9% weighted-average cost of capital. Assets total $7,000,000 and current liabilities total $1,800,000. On
Carolina Corporation has an after-tax operating income of $3,200,000 and a 9% weighted-average cost of capital. Assets total $7,000,000 and current liabilities total $1,800,000. On the basis of this information, Carolina's economic value added is:
$2,408,000. | |
$2,732,000. | |
$3,668,000. | |
$3,992,000. | |
some other amount. |
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