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

question 183

Multiple Choice

Use the information below to answer the following question(s) :
Assume the Cell Phone Division of the First Electronics Corporation had the following results last year (in thousands) . Management's target rate of return is 10% and the weighted average cost of capital is 7%. Its effective tax rate is 30%.

-What is the First Electronics Corporation cell phone division's Economic Value Added (EVA) ?

• A) $157,500
• B) $472,500
• C) $600,000
• D) $630,000

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Definitions:

Calmness

A state of being free from agitation, excitement, or disturbance, often reflecting a serene mental state.

Tai Chi

A Chinese martial art practiced for both its defense training aspects and its health benefits, emphasizing fluid movement and mental calmness.

Movement Discipline

A field of study or practice focusing on the control and mastery of body movements, often within the context of sports, dance, or martial arts.

Chinese

Referring to anything related to China, including its language, culture, or people.