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Compute the EVA ratio using the following information: Invested capital (divisional assets net of current liabilities) $10,000 Expected operating income tied to that asset $877
Compute the EVA ratio using the following information: Invested capital (divisional assets net of current liabilities) $10,000 Expected operating income tied to that asset $877 Company's required rate of return 8% Tax rate 24% Proportion of debt 75% Proportion of equity 25% Cost of debt 6% Cost of equity 8%
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