Separate property is included in community property

Cardinality refers to the number of permitted records in a related table

Indicate whether the statement is true or false

Compute the June 20xx cost of capital (rounded to nearest percent) for an investment center with the following information: Pre-tax operating income for June 20xx $17,500,000 Assets at June 30, 20xx 6,200,000 Current liabilities at June 30, 20xx 4,000,000 Long-term liabilities at June 30, 20xx 1,500,000 Income tax expense for June 30, 20xx 5,000,000 EVA 11,940,000

a. 10 percent b. 25 percent c. 13 percent d. 17 percent