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In year 2019, net operating profit after tax for the XYZ Company is $3,000,000 and the capital employed is $8,000,000. The company obtains its funds
In year 2019, net operating profit after tax for the XYZ Company is $3,000,000 and the capital
employed is $8,000,000. The company obtains its funds from long-term debt and equity and its
weighted average cost of capital is 5%. The economic valued added (EVA) is:
Select one:
O a. $2,600,000
O b. $3,500,000
O c.
$8.000.000
O d. $3.000.000
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Corporate Accounting Vol 1
Authors: Dr S. Kr. Paul, Prof. Chandrani Paul
1st Edition
164725146X, 9781647251468
