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shayanbk shayanbk
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A year ago
Marshall Industries operates as an investment center. Buddy Hall, the region's division manager, has set a required minimum rate of return of 15%. Marshall's total assets are $350,000, current liabilities are $150,000, and operating income is $60,000.  The company's weighted-average cost of capital is 18% and its tax rate is 28%.

Required:

Calculate Marshall's EVA. Show your work.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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shanej399shanej399
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A year ago
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shayanbk Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Good timing, thanks!
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