Required information [The following information applies to the questions displayed below.] All-Canadian, Ltd., is a multiproduct company with three divisions: Pacific Division, Plains Division, and Atlantic Division. The company has two sources of long-term capital: debt and equity. The interest rate on All-Canadian's $404 million debt is 9 percent, and the company's combined federal and state income tax rates amount to 30 percent. The cost of All- Canadian's equity capital is 10 percent. Moreover, the market value of the company's equity is $606 million. (The book value of All-Canadian's equity is $434 million, but that amount does not reflect the current value of the company's assets or the value of intangible assets.) The following data (in millions) pertain to All-Canadian's three divisions. Division Pacific Plains Atlantic Before-Tax Operating Income $18 49 43 Current Liabilities $ 8 7 11 Total Assets $ 74 304 487 Required: 1. Compute All-Canadian's weighted average cost of capital (WACC). (Do not round intermediate calculations. Round your final answer to 2 decimal places (i.e., 1234 should be entered as 12.34).) Weighted average cost of capital % Required information (The following information applies to the questions displayed below.) All-Canadian, Ltd., is a multiproduct company with three divisions: Pacific Division, Plains Division, and Atlantic Division. The company has two sources of long-term capital debt and equity. The interest rate on All-Canadian's $404 million debt is 9 percent, and the company's combined federal and state income tax rates amount to 30 percent. The cost of All- Canadian's equity capital is 10 percent. Moreover, the market value of the company's equity is $606 million. (The book value of All-Canadian's equity is $434 million, but that amount does not reflect the current value of the company's assets or the value of intangible assets.) The following data (in millions) pertain to All-Canadian's three divisions. Division Pacific Plains Atlantic Before-Tax Operating Income $18 49 43 Current Liabilities $ 8 7 11 Total Assets $ 74 304 487 2. Compute the economic value added (or EVA) for each of the company's three divisions. (Negative amounts should be indicated a minus sign. Do not round intermediate calculations. Enter your final answers in dollars and not millions.) Division Economic Value Added Pacific Plains Atlantic