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It is the end of the third quarter, and Maria is evaluating the performance of two key divisions in the company. Both divisions had $
It is the end of the third quarter, and Maria is evaluating the performance of two key divisions in the company. Both divisions had $ cash available for investment in the fourth quarter, so Maria is now analyzing each division before a potential investment. She has gathered the following condensed income statements and selected information from the balance sheet for each division. The company's minimum required rate of return is while its weighted average cost of capital is Its effective tax rate is
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