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XTreme Sports Company makes snowboards, downhill skis, cross-country skis, skateboards, surfboards, and in-line skates. The company has found it beneficial to split operations into two

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XTreme Sports Company makes snowboards, downhill skis, cross-country skis, skateboards, surfboards, and in-line skates. The company has found it beneficial to split operations into two divisions based on the climate required for the sport: Snow Sports and Non-Snow Sports. The following divisional Information is available for the past year: E: (Click the icon to view the divisional information.) Compute each division's EVA Interpret your results First, enter the formula, and then calculate each divisions EVA. - 10 - ] x [ ] = EVA - X Divisional information Operating Sales Income 5,800,000 S 1,035,000 S 3.700.000 1.584,000 Total Assets 4,600,000 S 8,600,000 Current Liabilities 350.000 Snow Sports ....... $ Non-Snow Sports .... 575,000 XTreme Sports management has specified a target 14% rate of retum. The company's weighted average cost of capital (WACC) is 11%, and its effective tax rate is 35% Print Done Help me solve this Etext pages Get more help Clear all Check

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