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Exercise 18.21 The following selected data pertain to Brannard Company's construction division for last year: Sales $ 1,914,000 Variable costs $ 1,095,000 Traceable fixed costs
Exercise 18.21 The following selected data pertain to Brannard Company's construction division for last year: Sales $ 1,914,000 Variable costs $ 1,095,000 Traceable fixed costs $ 207,000 Average invested capital (assets) $3,000,000 Current liabilities $ 182,000 Required rate of return 14% Marginal tax rate 35% Weighted average cost of capital 11% x Your answer is incorrect. Try again. Calculate the residual income. Residual Income LINK TO TEXT x Your answer is incorrect. Try again. Calculate the return on investment. (Round answer to 2 decimal places, e.g. 25.25%.) Return on investment % LINK TO TEXT x Your answer is incorrect. Try again. Calculate the economic value added. EVA
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