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D Question 25 4 pts Springfeld Corporation, whose tax rate is 40%, has two sources of funds: long-term debt with a market value of $8,000,000

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D Question 25 4 pts Springfeld Corporation, whose tax rate is 40%, has two sources of funds: long-term debt with a market value of $8,000,000 and an interest rate of 8%, and equity capital with a market value of $12,000,000 and a cost of equity of 12%, Springfield has two operating divisions, the Blue division and the Gold division, with the following financial measures for the current year: Total Assets Current Liabilities Operating Income Blue Div. $9,500,000 $2,800,000 $1,055,000 Gold Div. $11,000,000 $2,200,000 $1,200,000 Calculate EVA for the Blue Division $433.960 $188,600 $21.960 51233.400)

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