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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 13,200,000 13,200,000 52,800,000
Following is information for the Fulcrum Company's three business segments located in Europe: Pretax operating income Current assets Long-term assets Current liabilities 13,200,000 13,200,000 52,800,000 6,600,000 Segment B 6,600,000 9,900,000 42,900,000 3,300,000 9,900,000 13,200,000 26,400,000 4,950,000 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: has the highest EVA
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