The ABS company has a capital base of $100 million, an opportunity cost of capital (k) of 15%, a return on assets (ROA) of 9%, and a return on equity (ROE) of 18%. What is the economic value added (EVA) for ABS?
A) $8 million
B) -$6 million
C) $3 million
D) -$4 million
Correct Answer:
Verified
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