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What is the EVA for Gokey Company

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Reference no: EM132926410

Question - Gokey Company reports the following information:

Net operating profit after taxes $400,000

Adjusted net operating profit after taxes $570,000

Average invested capital $600,000

Adjusted average invested capital $700,000

After-tax cost of capital 10%

The adjusted figures reflect adjustments used by Stern Stewart & Company. What is the EVA for Gokey Company?

Reference no: EM132926410

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