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a-2. which division had the better performance? east or west Chec A Back...

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a-2. which division had the better performance? east or west
Chec A Back Mountain Industries (BMI) has two divisions: East and West BM has a cost of capital of 20 percent. Selected financial information (in thousands of dollars) for the first year of business follows. Lipped East $3,600 655 1.65e 330 1,150 West $7,600 780 2,600 330 1,050 Book Sales revenue Income Investment (beginning of year) Current liabilities (beginning of year) R&D expenditures *R&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming BMI uses economic value added. (Enter answers in thousands of dollars. Round your answers to 1 decimal place.) Herences EVA Divisione East West a-2. Which division had the better performance? East

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