Compute the May 20xx EVA for an Investment Center with the Following

question 98

Multiple Choice

Compute the May 20xx EVA for an investment center with the following information: $\begin{array}{|l|l|}\hline \text { Pre-tax operating income for May } 20 \mathrm{xx} & 18,000,500 \\\hline \text { Income tax expense for May 20xx } & 5,100,000 \\\hline \text { Assets at May 31,20kx } & 13,200,500 \\\hline \text { Current liabilities at May } 31,20 \mathrm{kx} & 10,000,000 \\\hline \text { Long term liabilities at May } 31,20 \mathrm{kx} & 3,500,000 \\\hline \text { Minimum desired rate of return } & 20 \% \\\hline\end{array}$
Minimum desired rate of return 20%

• A) $12,260,400
• B) $12,700,500
• C) $11,880,500
• D) $12,200,500

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Definitions:

Vasa Recta

A series of straight capillaries in the kidney that serve as an extension of the loop of Henle, playing a critical role in the concentration of urine.

Nephron Loop

A U-shaped tube in the nephron of the kidney that plays a crucial role in concentrating urine and conserving water.

Proximal Tubule

A major part of the nephron in the kidney, involved in the reabsorption of water, ions, and nutrients from the filtrate and their return to the bloodstream.

Urinalysis Test Strip

A diagnostic tool used to detect and measure various compounds in urine, such as glucose or proteins.