A company has a business value of $2,075,000, a weighted average cost of capital of 14%, and invested capital of $1,250,000. The company's EVA for its most recent period is $47,200. What proportion of the company's business value is contributed to by growth?
A) 8.4%
B) 9.7%
C) 16.2%
D) 20.1%
E) 23.5%
Correct Answer:
Verified
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