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The weighted-average cost of capital of Eagle Ridge is 8 percent. Last year, one of Eagle Ridge's divisions generated an EVA of $3,200,000, while the
The weighted-average cost of capital of Eagle Ridge is 8 percent. Last year, one of Eagle Ridge's divisions generated an EVA of $3,200,000, while the division's assets less its current liabilities were $24,000,000. How much after-tax operating income did the division generate? After-tax operating income
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