need help! It is the end of the third quarter,...
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It is the end of the third quarter, and Mary is evaluating the performance of two key divisions in the company. Both divisions had $54,000 cash available for investment in the fourth quarter, so Mary is now analyzing each division before a potential investment. She. has gathered the following condensed income statements and selected information from the balance sheet for each division. The company's minimum required rate of return is 8%, while its weighted average cost of capital is 9%. Its effective tax rate is 25% Calculate the current ROI, RI, and EVA for each division through the third quarter. For ROI purposes, operating assets are considered investments. (Enter ROI as a decimal, not os a percentage. Round ROI to 4 decimal ploces, eg. 0.1526. Enter negative amounts with either a -sign eg. 15,000 or in parenthesis eg. (15,000) )
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