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

B

Business

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Carol asks guests to complete a customer satisfaction survey before they leave the resort

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