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Falconer Company had net (after-tax) income last year of $12,375,400 and total capital employed of $113,989,080. Falconer's actual cost of capital was 12%. Required: 1.
Falconer Company had net (after-tax) income last year of $12,375,400 and total capital employed of $113,989,080. Falconer's actual cost of capital was 12%. Required: 1. Calculate the EVA for Falconer Company. Enter negative values as negative numbers, if required. Round your answer to the nearest dollar. $fill in the blank 1 976,492 2. Conceptual Connection: Is Falconer creating or destroying wealth?
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