Question
The Modern Language Corporation earned $1.8 million on net assets of $22 million. The cost of capital is 12.25%. Calculate the net ROI and EVA.
The Modern Language Corporation earned $1.8 million on net assets of $22 million. The cost of capital is 12.25%. Calculate the net ROI and EVA. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your "ROI" answer as a percent rounded to 2 decimal places, and enter your "EVA" answer in millions rounded to 2 decimal places.)
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Analysis Of Financial Data
Authors: Gary Koop
1st Edition
0470013214, 978-0470013212
