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Please show your work The Maritime Division of Canadian Bacon Corporation had the following results last year $8,000,000 $1,100,000 $8,500,000 $1,000,000 Sales Operating income Total
Please show your work
The Maritime Division of Canadian Bacon Corporation had the following results last year $8,000,000 $1,100,000 $8,500,000 $1,000,000 Sales Operating income Total assets Current liabilities Management's target rate of return s 13% and the weighted average cost of capital s 890. Its effective tax rate is 40%. Required: 1. Calculate the return on investment (ROI). 2. Caculate the residual income (RI). 3. Cakculate the economic value added (EVA)Step by Step Solution
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