Multiple Choice
Tentafield Ltd has an after tax operating income of $2.6 million, assets totalling $8 million and current liabilities totalling $400 000. The weighted average cost of capital is 10 per cent. What is the economic value added?
A) $1 400 000
B) $1 800 000
C) $1 840 000
D) None of the given answers
Correct Answer:
Verified
Correct Answer:
Verified
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