Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Particulars Commercial Division New Product Commercial Division after new product Sales3,125,000800,0003,925,000Less: Variable Expenses1,600,000480,0002,080,000Contribution1,525,000320,0001,845,000Less: Fixed Cost1,000,000275,0001,275,000Operating Income525,00045,000570,000Less: Tax @ 40%2,1001802,280NOPAT522,90044,820567,720Corporate AssetsXXXEVAXXX Calcualte the corporate assets and

ParticularsCommercial DivisionNew ProductCommercial Division after new productSales3,125,000800,0003,925,000Less: Variable Expenses1,600,000480,0002,080,000Contribution1,525,000320,0001,845,000Less: Fixed Cost1,000,000275,0001,275,000Operating Income525,00045,000570,000Less: Tax @ 40%2,1001802,280NOPAT522,90044,820567,720Corporate AssetsXXXEVAXXX

Calcualte the corporate assets and EVA economic value added, if the weighted average cost of capital is 8%. PLEASE SHOW ALL CALCULATIONS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting An Introduction to Concepts Methods and Uses

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

10th Edition

1111822239, 324639767, 9781111822231, 978-0324639766

More Books

Students also viewed these Accounting questions

Question

How could any of these verbal elements be made stronger?

Answered: 1 week ago

Question

Does your message use pretentious or exaggerated language?

Answered: 1 week ago