Earnings before interest and taxes Current assets Non-current assets Current liabilities Non-current liabilities P 800,000 800,000 3,200,000 400,000 1,000,000 Adan Corporation pays an income tax rate of 32%. Its weighted-average cost of capital is 10%. What is Adan Corporation's Economic Value Added (EVA)? 184,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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p4-2

P 800,000
800,000
3,200,000
400,000
1,000,000
Earnings before interest and taxes
Current assets
Non-current assets
Current liabilities
Non-current liabilities
Adan Corporation pays an income tax rate of 32%. Its weighted-average cost of capital is 10%. What
is Adan Corporation's Economic Value Added (EVA)?
184,000
400,000
O 440,000
144,000
Transcribed Image Text:P 800,000 800,000 3,200,000 400,000 1,000,000 Earnings before interest and taxes Current assets Non-current assets Current liabilities Non-current liabilities Adan Corporation pays an income tax rate of 32%. Its weighted-average cost of capital is 10%. What is Adan Corporation's Economic Value Added (EVA)? 184,000 400,000 O 440,000 144,000
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