Angel’s Pizza Ltd. Has existing assets in which it has a capital investment of P 150,000. The after tax operating income is 20,000 and company has a cost of capital of 12%. What is the estimated Economic Value Added (EVA) of the firm a. 147,600 b. 2,000 c. 18,000 d. 2,400
Angel’s Pizza Ltd. Has existing assets in which it has a capital investment of P 150,000. The after tax operating income is 20,000 and company has a cost of capital of 12%. What is the estimated Economic Value Added (EVA) of the firm a. 147,600 b. 2,000 c. 18,000 d. 2,400
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Angel’s Pizza Ltd. Has existing assets in which it has a capital investment of P 150,000. The after tax operating income is 20,000 and company has a cost of capital of 12%. What is the estimated Economic Value Added (EVA) of the firm
a. 147,600
b. 2,000
c. 18,000
d. 2,400
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