Gokey Company Reports the Following Information The Adjusted Figures Reflect Adjustments Used by Stern Stewart

question 127

Multiple Choice

Gokey Company reports the following information:
$\begin{array} { l } \text {Net operating profit after taxes }&\$400,000 \\ \text {Adjusted net operating profit after taxes }&\$570,000 \\ \text {Average invested capital }&\$ 600,000\\ \text {Adjusted average invested capital }&\$700,000 \\ \text { After-taxcost of capital}&10\%\\\end{array}$

The adjusted figures reflect adjustments used by Stern Stewart & Company.What is the EVA for Gokey Company?

• A) $330,000
• B) $340,000
• C) $500,000
• D) $510,000

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Definitions:

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A mathematical term that represents a fraction of 100, typically used to describe proportions or ratios.

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