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The following information relates to Otto, Incorporated: Total assets $ 10,800,000 After-tax operating income 1,680,000 Current liabilities 970,000 If the company has a 10% weighted-average

The following information relates to Otto, Incorporated: Total assets $ 10,800,000 After-tax operating income 1,680,000 Current liabilities 970,000 If the company has a 10% weighted-average cost of capital, its economic value added would be: Multiple Choice $697,000. $(130,000). $529,000. None of the answers is correct. $1,151,000

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