Compute the May 20xx EVA for an investment center with the following information: Pre-tax operating income for May 20xx $18,000,500 Income tax expense for May 20xx 5,100,000 Assets at May 31, 20xx 13,200,500 Current liabilities at May 31, 20xx 10,000,000 Long-term liabilities at May 31, 20xx 3,500,000 Minimum desired rate of return 20% Minimum desired rate of return 20%
a. $12,260,400
b. $12,700,500
c. $11,880,500
d. $12,200,500
A
You might also like to view...
According to the job characteristics model, the core job characteristics of skill variety, task identity, and task significance combine to affect
A. knowledge of results. B. meaningfulness of work. C. autonomy of work. D. responsibility for results. E. feedback from others.
Which of the following is an example of a behavioral objective a sales manager might set for her sales force?
A) Each salesperson must call on four customers each day. B) Each salesperson must increase his total sales by 10 percent. C) Each salesperson must increase his total profits by five percent. D) Each salesperson will work under a quota-bonus plan. E) Each salesperson must reduce her travel expenses by five percent.
In preparing statements from the adjusted trial balance, the balance sheet must be prepared first.
Answer the following statement true (T) or false (F)
Cunard Cruise Line AdMost specifically, if a consumer's ________ increases, he or she is able to take advantage of the luxurious vacation travel opportunities offered on the Queen Mary, a cruise liner operated by Cunard and depicted in the ad above.
A. savings rate B. taxes C. discretionary income D. gross income E. disposable income