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Carolina Corporation has an after-tax operating income of $3,300,000 and a 8% weighted-average cost of capital. Assets total $7,100,000 and current liabilities total $1,900,000. On
Carolina Corporation has an after-tax operating income of $3,300,000 and a 8% weighted-average cost of capital. Assets total $7,100,000 and current liabilities total $1,900,000. On the basis of this information, Carolina's economic value added is:
$2,884,000. | |
$3,716,000. | |
$4,020,000. | |
None of these. $2,580,000. |
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