How much after-tax operating income did division generate

Assignment Help Accounting Basics
Reference no: EM133102787

Question - Calculate EVA - The weighted -average cost of capital of Eagle Ridge is 8 Percent. Last year one of Eagle Ridge's divisions generated an EVA of $ 3,200,000 while the division's assets less its current liabilities were $24,000,000. How much after-tax operating income did the division generate? After tax operating income?

Reference no: EM133102787

Questions Cloud

How would apple financial statements be impacted : How would Apple's financial statements be impacted by its iPhone one-year warranty and related iPhone 6s battery replacement program
What is your responsibility to reduce costs : You have been hired as the assistant controller of a company which produces boxes and other packaging materials. What is your responsibility to reduce costs
What is the value of his dinner : The next time Alex goes to a restaurant, his dinner and taxes combined comes to $12.00. If taxes are equal to 13%, what is the value of his dinner
List the benefits of paas solutions : List the benefits of PaaS solutions. Define and describe colocation. Discuss how you might use IaaS to implement colocation.
How much after-tax operating income did division generate : Last year one of Eagle Ridge's divisions generated an EVA of $ 3,200,000. How much after-tax operating income did division generate
What actions contributed to the financial crisis : What actions contributed to the Financial Crisis? What could banks have done differently to avoid the exposure they had in the wake of the crisis
Take math test and general aptitude test : After completing her application and two interviews, she was asked to take a math test and a general aptitude test
Main data preprocessing steps : Why are the original/raw data not readily usable by analytics tasks? What are the main data preprocessing steps? List and explain their importance in analytics.
Contingency planning is risk mitigation process : Contingency planning is a risk mitigation process for developing back-up plans in anticipation of events (scenarios) that might disrupt ‘business as usual'.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd