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Sandhill Industries operates as an investment center. Buddy Hall, the region's division manager, has set a required minimum rate of return of 15%. Sandhill's total

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Sandhill Industries operates as an investment center. Buddy Hall, the region's division manager, has set a required minimum rate of return of 15%. Sandhill's total assets are $371,000, current liabilities are $171,000, and operating income is $81,000. The company's weighted-average cost of capital is 18% and its tax rate is 28%. Sandhill's EVA $

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