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Cullumber Industries is considering the purchase of equipment costing $94000. The company has a 12% required minimum rate of return. The equipment is expected to

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Cullumber Industries is considering the purchase of equipment costing $94000. The company has a 12% required minimum rate of return. The equipment is expected to generate $32000 in additional operating income. Cullumber's tax rate is 25% and its weighted- average cost of capital is 12%. What is the equipment's EVA? O $11280 $3840 $7440 O $12720

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