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Following is information for the Fulcrum Company's three business segments located in Europe: Segment A B Pretax operating income 8,400,000 4,200,000 6,300,000 Current assets 8,400,000
Following is information for the Fulcrum Company's three business segments located in Europe: Segment A B Pretax operating income 8,400,000 4,200,000 6,300,000 Current assets 8,400,000 6,300,000 8,400,000 Long-term assets 33,600,000 27,300,000 16,800,000 Current liabilities 4,200,000 2,100,000 3,150,000 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 A B EVA: has the highest EVA
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