Use the information below to answer the following question(s):
The following data relates to Logan Electric and its Light Bulb Division.

-What is the Light Bulb Division's Economic Value Added (EVA)?
A) $4,605,500
B) $7,230,500
C) $4,545,000
D) $4,507,500

Question

Use the information below to answer the following question(s):
The following data relates to Logan Electric and its Light Bulb Division.
 
-What is the Light Bulb Division's Economic Value Added (EVA)?
A) $4,605,500 
B) $7,230,500 
C) $4,545,000 
D) $4,507,500

Quizplus · Accepted Answer

Economic Value Added (EVA) is calculated by subtracting the cost of capital from the net operating profit after taxes (NOPAT). The correct choice is based on the given data and calculations, which result in an EVA of $4,605,500.

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