Fair market value of the capital investment


Mountain Mist Inc.'s cost of capital is 11 percent. In 2010, one of the firm's divisions generated an EVA of $1,130,000. The fair market value of the capital investment in that division was $29,500,000. How much after-tax income was generated by the division in 2010?

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Accounting Basics: Fair market value of the capital investment
Reference No:- TGS085401

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