Question
The following information relates to Bima Company: Total assets $ 6,060,979 After tax operating income $ 917,544 Current liabilities $ 594,314 Weighted average cost of
The following information relates to Bima Company:
| Total assets | $ | 6,060,979 |
|
| After tax operating income | $ | 917,544 |
|
| Current liabilities | $ | 594,314 |
|
| Weighted average cost of capital |
| 11.5 | % |
Compute the economic value added for Bima?
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Financial Accounting For Non Specialists
Authors: Catherine Gowthorpe
2nd Edition
1844802051, 978-1844802050
