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Exercise 18.24 Following is information for the Fulcrum Company's three business segments located in Europe: Segment B Pretax operating income C 8,800,000 4,400,000 6,600,000 Current

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Exercise 18.24 Following is information for the Fulcrum Company's three business segments located in Europe: Segment B Pretax operating income C 8,800,000 4,400,000 6,600,000 Current assets 8,800,000 6,600,000 8,800,000 Long-term assets 35,200,000 28,600,000 17,600,000 Current liabilities 4,400,000 2,200,000 3,300,000 Fulcrum's applicable tax rate for the segments is 30%, and its weighted average cost of capital for each segment is 10% Which segment has the highest EVA? (Show a negative amount preceded by a minus sign, e.g. -100,000 or (100,000).) Segment A B EVA: c has the highest EVA. LINK TO TEXT

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