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The following selected data pertain to Brannard Company's construction division for last year: Sales $ 2,093,000 Variable costs $ 1,190,000 Traceable fixed costs $ 218,000
The following selected data pertain to Brannard Company's construction division for last year: Sales $ 2,093,000 Variable costs $ 1,190,000 Traceable fixed costs $ 218,000 Average invested capital (assets) $ 3,000,000 Current liabilities $ 205,000 Required rate of return 16% Marginal tax rate 38% Weighted average cost of capital 13% Calculate the residual income. Residual Income $ LINK TO TEXT Calculate the return on investment. (Round answer to 2 decimal places, e.g. 25.25%.) Return on investment % LINK TO TEXT Calculate the economic value added. EVA A
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