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Performance City supplies helicopters to corporate clients. ( i ) ( Click the icon to view additional information. ) The company's results for 2 0
Performance City supplies helicopters to corporate clients.
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The company's results for are as follows:
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Read the requirements.
Requirement a What is Performance City's weighted average cost of capital?
Begin by determining the formula to calculate WACC.
Enter the amount as a decimal. Round the WACC to five decimal places, in the format XXXXXX
The company's WACC is
Requirement b Compute each division's Economic Value Added.
Determine the formula to calculate the EVA of each city. Then enter the amounts for New York and Chicago and calculate the EVA for each. Enter the WACC to five decimal places in the format XXXXXX Round your intermediary calculations to the nearest whole number. Use parentheses or a minus sign when entering a negative EVA. Abbreviation used: inc. income.
EVA
New York:
Chicago:
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