Tate is the manager for the service division at Wilcox Inc., a company that provides a call center for various customer service organizations. They are in the process of analyzing some data for the current year and want to ensure that they are making wise choices. Their accountant has compiled the following information about certain financial statement balances: Wilcox purchased a new phone system this year that cost them $6,700. They would like to calculate the Economic Value Added (EVA) but must first perform some sub-calculations. What is the invested capital value when calculating the EVA for the entire division? What about the new phone system?

Question

Tate is the manager for the service division at Wilcox Inc., a company that provides a call center for various customer service organizations. They are in the process of analyzing some data for the current year and want to ensure that they are making wise choices. Their accountant has compiled the following information about certain financial statement balances:  Wilcox purchased a new phone system this year that cost them $6,700. They would like to calculate the Economic Value Added (EVA) but must first perform some sub-calculations. What is the invested capital value when calculating the EVA for the entire division? What about the new phone system?

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The Answer of Tate is the manager for the service division at Wilcox Inc., a company that provides a call center for various customer service organizations. They are in the process of analyzing some data for the current year and want to ensure that they are making wise choices. Their accountant has compiled the following information about certain financial statement balances:  Wilcox purchased a new phone system this year that cost them $6,700. They would like to calculate the Economic Value Added (EVA) but must first perform some sub-calculations. What is the invested capital value when calculating the EVA for the entire division? What about the new phone system?

Tate Is the Manager for the Service Division at Wilcox