Cato Waste Management has a subsidiary that disposes of hazardous waste and a subsidiary that collects and disposes of r

[answerhappygod]

Cato Waste Management has a subsidiary that disposes of
hazardous waste and a subsidiary that collects and disposes of
residential garbage. Information related to the two subsidiaries
follows:
Hazardous
Waste
Residential
Waste
Total assets
$15,300,000
$87,000,000
Noninterest-bearing current liabilities
3,300,000
13,200,000
Net income
1,866,000
6,600,000
Interest expense
1,370,000
8,024,000
Required rate of return
10%
13%
Tax rate
35%
35%
Calculate ROI for both subsidiaries. (Round
answers to 2 decimal places, e.g. 15.32%.)
Hazardous
Waste
Residential
Waste
ROI
enter percentages rounded to 2 decimal places %
enter percentages rounded to 2 decimal places %
eTextbook and Media
Calculate EVA for both subsidiaries. Note that since no
adjustments for accounting distortions are being made, EVA is
equivalent to residual income. (Enter negative
answers preceding either - sign, e.g. -45 or in parentheses, e.g.
(45).)
Hazardous
Waste
Residential
Waste
EVA
$enter a dollar amount
$enter a dollar amount
eTextbook and Media
Which subsidiary has added the most to shareholder value in the
last year?
eTextbook and Media
Based on the limited information, which subsidiary is the best
candidate for expansion?