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Question 7 of 7 - I 10 E View Policies Current Attempt in Progress Beca Hospital is a division of Superior Healthca re that is
Question 7 of 7 - I 10 E View Policies Current Attempt in Progress Beca Hospital is a division of Superior Healthca re that is organized as an investment center. In the past yea r, the hospital reported an aftertax income of $4.410,000. Total interest expense was $2,0?9,000. and the hospital's tax rate was 20 percent. Hospital assets totaled $44,100,000, and noninterestbearing current liabilities were $14,364.000. Superior has established a required rate of return equal to 18 percent of invested capital. Calculate the residual income/ EVA of Beca Hospital. {Enter negative ansnersprecedlmelm' - Sign. 2.3. -45 or in parmtheses, ea. (45\" Residual incomelEVA $ l Save for Later Attempts: 0 of 1 used
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