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The following selected data pertain to Brannard Company's construction division for last year: Sales $ 2,045,000 Variable costs $ 1,215,000 Traceable fixed costs $ 212,000
The following selected data pertain to Brannard Company's construction division for last year: Sales $ 2,045,000 Variable costs $ 1,215,000 Traceable fixed costs $ 212,000 $ 3,000,000 Average invested capital assets) Current liabilities $ 218,000 Required rate of return 14% 37% Marginal tax rate Weighted average cost of capital 11% Calculate the residual income. Residual Income $ e Textbook and Media Calculate the return on investment. (Round answer to 2 decimal places, e.g. 25.25%.) Return on investment % Calculate the economic value added. EVA $ e Textbook and Media
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