Figure 19-3
the Following Results for the Year Pertain to the Maddox

question 48

Multiple Choice

Figure 19-3
The following results for the year pertain to the Maddox Division of Ryan Ltd.: $\begin{array}{lr}\text { Sales } & E 640,000 \\\text { Variable expenses } & 160,000 \\\text { Fixed expenses } & 300,000\end{array}$ The weighted average cost of capital is 12 per cent. The firm's minimum required rate of return is 14 per cent. Taxes for the firm are 40 per cent.
-Refer to Figure 19-3. If the total capital employed by the Maddox Division is £800,000, what is the economic value added (EVA) ?

• A)£12,000
• B)£96,000
• C)£108,000
• D)£180,000

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Definitions:

Dreams

Sequences of thoughts, images, and sensations occurring in a person's mind during sleep, often rich with symbolic or emotional content.

Approaches To Therapy

Various methods and techniques used by psychologists and therapists to treat mental health disorders, including cognitive-behavioral therapy, psychoanalysis, and humanistic therapy.

Childhood

The period in a person's life from birth to puberty, characterized by growth and developmental changes.

Eclectic Approach

A method in various disciplines that combines elements from different systems or theories.