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I need help with this question The following data are available for two divisions of Solomons Company North Division South Division 39,480,000 Division operating profit
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The following data are available for two divisions of Solomons Company North Division South Division 39,480,000 Division operating profit 9,555,000 329,000,000 39,000,000 Division investment The cost of capital for the company is 7 percent. Ignore taxes. Required a-1. Calculate the ROI for both North and South divisions. (Enter your answers as a percentage rounded to 1 decimal place (i e., 32.1).) Divisions. ROI North South a 2. If Solomons measures performance using ROI, which division had the better performance? O North O South b-1. Calculate the EVA for both North and South divisions. The divisions have no current liabilities.) Divisions EVA. North SouthStep by Step Solution
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