Question 9 of 12 2.5/5 = Paula Boothe, president of the Concord Corporation, has mandated a minimum 10% return on investment for any project undertaken by the company. Given the company's decentralization, Paula leaves all investment decisions to the divisional managers as long as they anticipate a minimum rate of return of at least 12%. The Energy Drinks division, under the direction of manager Martin Koch, has achieved a 13% return on investment for the past three years. This year is not expected to be different from the past three. Koch has just received a proposal to invest $1,818,000 in a new line of energy drinks that is expected to generate $327,000 in operating income. Assume that Concord Corporation's actual weighted-average cost of capital is 9% and its tax rate is 30%. (a) * Your answer is incorrect. Calculate the economic value added of the proposed new line of energy drinks. (If the economic value added is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125). Round answer to O decimal places, e.g. 5,125.) Economic value added 94620 e Textbook and Media Attempts: 2 of 3 used Submit Answer Save for Later!Copying Waiting for lJinlzllhg 29 l ' \" l 1 l ' Binding 3 ll 31' ' 12 ' l l l ' Packing for customer 5 'l l (3) Calculate the delivery cycle time. '3 l Delivery Wile time ' 108 minutes (bl Calculate the manufacturing cw: 6 time ' Assignment Question 12 of 12 2.5/5 Waiting for copying to begin 20 Copying 19 Waiting for binding 29 Binding 12 Packing for customer 5 (a) Calculate the delivery cycle time. Delivery cycle time 108 minutes (b) Calculate the manufacturing cycle time. Manufacturing cycle time 54 minutes Textbook and Media g