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Tentafield Ltd has an after tax operating income of $2.6 million, assets totalling $8 million and current liabilities totalling $400 000. The weighted average cost of capital is 10 per cent. What is the economic value added?
Communism
A political and economic ideology advocating for a classless society in which property and the means of production are owned communally, and each person works and is remunerated according to their abilities and needs.
Division of Labor
The allocation of different parts of a manufacturing process or task to different people to improve efficiency and productivity.
Repetitive Tasks
Activities or processes that are performed in the same manner repeatedly over a period of time.
Capitalism
A system where the production means are privately owned and goods or services are produced for profit.
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