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    Cornerstones of Managerial Accounting Study Set 2
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    Exam 12: Performance Evaluation and Decentralization
  5. Question
    The After-Tax Operating Income Reduced by the Total Annual Cost
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The After-Tax Operating Income Reduced by the Total Annual Cost

Question 68

Question 68

True/False

The after-tax operating income reduced by the total annual cost of capital is equal to the economic value added.

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