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Following is information for the Fulcrum Company's three business segments located in Europe: Pretax operating income Current assets Long-term assets Current liabilities A 16,400,000 16,400,000
Following is information for the Fulcrum Company's three business segments located in Europe: Pretax operating income Current assets Long-term assets Current liabilities A 16,400,000 16,400,000 65,600,000 8,200,000 Segment B 8,200,000 12,300,000 53,300,000 4,100,000 12,300,000 16,400,000 32,800,000 6,150,000 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 B A EVA: has the highest EVA
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