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O4-Self test-C 63. The Grisham Company has reported the following information for 2013 $1,200,000-25000-8t Net operating Income after tax (NOPAT) 0 25000- 00 $7,500,000 S

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O4-Self test-C 63. The Grisham Company has reported the following information for 2013 $1,200,000-25000-8t Net operating Income after tax (NOPAT) 0 25000- 00 $7,500,000 S 000 $980,000 Invested capital Current liabilities Weighted average cost of capital The company's economic value added is: A. $156,800 B. $220,000 . $1,008,000 D. $851,200 LO4-Self Test-A 64. The Versa Company had the following results for 2013: Net operating income Turnover ROI $6,000 3.5 15% Versa Company's average operating assets were: A. $140,000 B. $40,000 C. $490,000 D. $21,000 LO4-Self test-A 65. Quest Retail uses profit before taxes to evaluate its Individual stores which are considered profit centers. The following information is provided concerning the Southside store for 2013: Contribution margin: $5,000,000 Traceable fixed costs: $2,000,000 Budgeted segment margin: $3,500,000 Last year's segment margin: $2,900,000 How much are the varlance from the budget and the variance from last year? A. B. C. D. Budget: 14.29% U Last year: 3.45% F Budget: 14.29% F Last year: 3.45% U Budget: 16.67% U Last year: 3.33% F Budget: 16.67% F Last year: 3.33% U L04-Pretest-A

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