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Sunrise Hotels (F) Mid-January, 2019. To nish your presentation for next week's meeting, evaluate your performance. To do this, you obtained the following supplemental data
Sunrise Hotels (F) Mid-January, 2019. To nish your presentation for next week's meeting, evaluate your performance. To do this, you obtained the following supplemental data from the company controller: Allocated corporate expense $ 93,528 Depreciation expense $ 37,129 Interest expense $ 1,395 Exceptional items $ 0 Average operating assets (total assets) $ 408,244 Average current liabilities $17 ,350 Your hotel's controllable profit was provided in the Sunrise Hotels (E) case. The rm's required rate of return is 8% and it's weighted average cost of capital is 6%. Assume the corporate income tax rate is 30%. Required 1. Compute your return on sales (ROS). 2. Compute total asset turnover (TAT). 3. Compute return on assets (RCA). 4. Compute residual income (RI) and economic value-added (EVA)
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