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The Golden Book Company has two divisions: The Brick and Mortar division sells books through more than 100 bookstores throughout the United States, the Internet
The Golden Book Company has two divisions: The Brick and Mortar division sells books through more than 100 bookstores throughout the United States, the Internet division was formed 18 months ago and sells books via the Internet. Data for the past year are: Brick and Mortar Division $184,680,000 8,002,800 1.436,400 Internet Division $17.647,200 2,872,800 477,090 Total assets Noninterest-bearing current liabilities Interest expense Net Income (los) Tax rate Cost of capital 31,703.400 (1.282,500) 20% 0 10% 12% Evaluate the two divisions in terms of economic value added (EVA). (Enter negative answers preceding either - sign, eg. 45 or in parentheses, es (451) Brick & Mortar Division Internet Division EVA 15472000 13491900
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