As the staff accountant for NYC Investment Center #1,compute the center's EVA,using the following information:
$\begin{array}{lr}
\text { Pretax Operating income } & 900,000 \
\text { Income taxes } & 270,000 \
\text { Total assets } & 1,500,000 \
\text { Total liabilities } & 1,000,000 \
\text { Long-term liabilities } & 100,000 \
\text { Cost of capital } & 55 \%
\end{array}$

Question

As the staff accountant for NYC Investment Center #1,compute the center's EVA,using the following information:
 $\begin{array}{lr}
\text { Pretax Operating income } & 900,000 \
\text { Income taxes } & 270,000 \
\text { Total assets } & 1,500,000 \
\text { Total liabilities } & 1,000,000 \
\text { Long-term liabilities } & 100,000 \
\text { Cost of capital } & 55 \%
\end{array}$

Quizplus · Accepted Answer

The Answer of As the staff accountant for NYC Investment Center #1,compute the center's EVA,using the following information:
 $\begin{array}{lr}
\text { Pretax Operating income } & 900,000 \
\text { Income taxes } & 270,000 \
\text { Total assets } & 1,500,000 \
\text { Total liabilities } & 1,000,000 \
\text { Long-term liabilities } & 100,000 \
\text { Cost of capital } & 55 \%
\end{array}$

As the Staff Accountant for NYC Investment Center #1,compute the Center's