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Worldatwork Exam c8 Topic 3 Question 63 Discussion
Actual exam question for
Worldatwork's
c8 exam
Question #: 63
Topic #: 3
[All c8 Questions]
Topic #: 3
The XYZ Company opened a new manufacturing facility with a capital investment of 10,000,000. The cost to obtain the capital was 8%. In its first year of operations, the facility's net operating profit after taxes was 10,500,000. What was the economic value added (EVA) using the EVA formula?
Suggested Answer:
D
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