compute the June cost of capital (round to nearest percent) pre-tax...
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Accounting
compute the June cost of capital (round to nearest percent)
| pre-tax operating income for June | $17,500,000 |
| Assests at june 30 | 6,200,000 |
| Current liabilites at June 30 | 4,000,000 |
| Long term-liabilites at June 30 | 1,500,000 |
| Income tax for June 30 | 5,000,000 |
| EVA | 12,040,000 |
A. 8 percent
B. 21 percent
C. 10 percemt
D. 14 percent
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