The following selected data pertain to Brannard Company's construction division for last year: Sales $ 2,049,000 Variable

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The following selected data pertain to Brannard Company's construction division for last year: Sales $ 2,049,000 Variable costs $ 1,090,000 Traceable fixed costs $ 185,000 Average invested capital (assets) $ 3,000,000 Current liabilities $ 219,000 Required rate of return 15% Marginal tax rate 39% Weighted average cost of capital 12% Calculate the residual income. Residual Income Calculate the return on investment. ( Round answer to 2 decimal places, e.g. 25.25%.) Return on investment /o Calculate the economic value added. EVA

Posted Date: Jun 23, 2024 12:10 PM

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The following selected data pertain to Brannard Company's construction division for last year: Sales $ 2,049,000 Variable

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