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how do gou calculate the eva? Universal Electronics, Inc. (UEl), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest

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Universal Electronics, Inc. (UEl), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEl has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. Connercial $49,000 5,535 30,750 1,600 1,800 Consumer Sales revenue Divisional incone Divisional investmont $30,e00 5,400 29,500 Current liabilities R&D 1,800 1,800 Required: Evaluate the performance of the two divisions assuming UEl uses economic value added (EVA). (Enter your answers in dollars rounded to 1 decimal place.) EVA of Consumer division EVA of Commercial division Which division performed better

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