Question
The ABS company has a capital base of $190 million, an opportunity cost of capital (k) of 20%, a return on assets (ROA) of 10%,
The ABS company has a capital base of $190 million, an opportunity cost of capital (k) of 20%, a return on assets (ROA) of 10%, and a return on equity (ROE) of 30%. What is the economic value added (EVA) for ABS?
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Teaching Public Budgeting And Finance
Authors: Meagan M. Jordan, Bruce D. McDonald III
1st Edition
1032146680, 978-1032146683
