Question
The ABS company has a capital base of $260 million, an opportunity cost of capital (k) of 18%, a return on assets (ROA) of 8%,
The ABS company has a capital base of $260 million, an opportunity cost of capital (k) of 18%, a return on assets (ROA) of 8%, and a return on equity (ROE) of 23%. What is the economic value added (EVA) for ABS?
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
4th Edition
0072996862, 9780072996869
