This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Minimum acceptable income = Target rate of return on assets * Total assets Economic Value Added EVA = Income after taxes Shareholders minimum acceptable income Shareholders minimum income = WACC * (Total assets Current liabilities)...
View Full Document
This note was uploaded on 10/08/2011 for the course ACCT 101 taught by Professor Kang during the Spring '08 term at S.F. State.
- Spring '08
- Managerial Accounting