Use the information below to answer the following question(s):
The following data relates to the Miracle Corporation and its Toy Division.

-What is the Toy Division's Economic Value Added (EVA)?
A) $140,000
B) $196,000
C) $200,000
D) $336,000

Question

Use the information below to answer the following question(s):
The following data relates to the Miracle Corporation and its Toy Division.
 
-What is the Toy Division's Economic Value Added (EVA)?
A) $140,000 
B) $196,000 
C) $200,000 
D) $336,000

Quizplus · Accepted Answer

B) ($480,000 × 0.70) - [($2,000,000 - $600,000) × 0.10] = $196,000

Use the Information Below to Answer the Following Question(s)