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Sunshine Ltd (Sunshine) is uses EVA to determine if shareholder value is created. The Income Statement for (Sunshine) is provided below: Income Statement for the

Sunshine Ltd (Sunshine) is uses EVA to determine if shareholder value is created. The Income Statement for (Sunshine) is provided below: Income Statement for the year-ended 30 June 2022 for Sunshine Ltd The following additional information is provided: No R\&D expense was incurred in 2019 and 2020 The benefits from R\&D are generally consumed over 4 years. Corporate tax rate is 20% Sunshine Ltd (Sunshine) is uses EVA to determine if shareholder value is created. The Income Statement for (Sunshine) is provided below: Income Statement for the year-ended 30 June 2022 for Sunshine Ltd The following additional information is provided: No R\&D expense was incurred in 2019 and 2020 The benefits from R\&D are generally consumed over 4 years. Corporate tax rate is 20%

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