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Exhibit 24-1 Shriber Company Had the Following Balance Sheet at the End

Question 4

Multiple Choice

Exhibit 24-1 Shriber Company had the following balance sheet at the end of 2012:
Exhibit 24-1 Shriber Company had the following balance sheet at the end of 2012:   Refer to Exhibit 24-1. Shriber Company had $223,400 in operating income before taxes this year, a tax rate of 25% and a weighted average cost of capital of 16%. Using this information, determine Shriber's economic value added for 2012. A)  $25,552 B)  $167,550 C)  $141,998 D)  $11,020 Refer to Exhibit 24-1. Shriber Company had $223,400 in operating income before taxes this year, a tax rate of 25% and a weighted average cost of capital of 16%. Using this information, determine Shriber's economic value added for 2012.


A) $25,552
B) $167,550
C) $141,998
D) $11,020

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