expand icon
book Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger cover

Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

النسخة 4الرقم المعياري الدولي: 978-0324380767
book Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger cover

Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

النسخة 4الرقم المعياري الدولي: 978-0324380767
تمرين 42
East Mullett Manufacturing earned operating income last year as shown in the following income statement: East Mullett Manufacturing earned operating income last year as shown in the following income statement:    At the beginning of the year, the value of operating assets was $345,000. At the end of the year, the value of operating assets was $405,000. Calculating Economic Value Added  Refer to the information for East Mullett Manufacturing on the previous page. Total capital employed equaled $400,000. East Mullett's actual cost of capital is 8 percent. Required:  Calculate the EVA for East Mullett Manufacturing.
At the beginning of the year, the value of operating assets was $345,000. At the end of the year, the value of operating assets was $405,000.
Calculating Economic Value Added
Refer to the information for East Mullett Manufacturing on the previous page. Total capital employed equaled $400,000. East Mullett's actual cost of capital is 8 percent.
Required:
Calculate the EVA for East Mullett Manufacturing.
التوضيح
موثّق
like image
like image

With the income statement give...

close menu
Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
cross icon