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the following questions using the information below: 0.1 Waldorf Company has two sources of funds: long-term debt with a market and book value of $5

the following questions using the information below: 0.1 Waldorf Company has two sources of funds: long-term debt with a market and book value of $5 million issued at an interest rate of 12%, and equity capital that has a book value of $2 million (market value of $4 million). Waldorf Company has profit centers in the following locations with the following operating incomes, total assets, and current liabilities. The cost of equity capital is 12%, while the tax rate is 25%. St. Louis Operating Income Assets $480,000 $2,000,000 Current Liabilities $100,000 Cedar Rapids $600,000 $4,000,000 $300,000 Wichita $1,020,000 $6,000,000 $600,000 What is the EVA for St. Louis? $196,270 $127,870 $360,000 $163,730 0.1.ptsimage text in transcribed

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