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Exercise 18.21 The following selected data pertain to Brannard Company's construction division for last year: Sales Variable costs Traceable fixed costs Average invested capital (assets)
Exercise 18.21 The following selected data pertain to Brannard Company's construction division for last year: Sales Variable costs Traceable fixed costs Average invested capital (assets) Current liabilities Required rate of return Marginal tax rate Weighted average cost of capital $ 1,855,000 $ 1,097,000 $ 207,000 $ 3,000,000 $ 181,000 14% 38% 11% Calculate the residual income. Residual Income LINK TO TEXT Calculate the return on investment. (Round answer to 2 decimal places, e.g. 25.25%.) Return on investment % LINK TO TEXT Calculate the economic value added. EVA $
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