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Lincoln Company has two divisions: Grant and Sherman. The following information pertains to Grant: Net after-tax income: $375101 Total capital employed: $3244019 Lincoln's actual cost
Lincoln Company has two divisions: Grant and Sherman. The following information pertains to Grant: Net after-tax income: $375101 Total capital employed: $3244019 Lincoln's actual cost of capital was 796. Calculate the Economic Value Added (EVA) for the Grant Division. Do not round your intermediate calculations
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