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Back Mountain Industries (BMI) has two divisions: East and West. BMI has a cost-of-capital of 15.4%. Selected financial information (in thousands of dollars) for the first year of business follows: East West Sales revenue $ 1,200 $ 5,400 Income 240 430 Investment (beginning of year) 2,200 3,200 Current liabilities (beginning of year) 240 240 R&D expenditures (note a) 580 440 a R&D is assumed to benefit two periods. All R&D is spent at the beginning of the year.
Evaluate the performance of the two divisions assuming BMI uses economic value added.
st. johns paul college of engineering received the following fees from its students tuition fees 10000 library fees 500
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