Hazardous Waste Residential WasteTotal assets $13000000 $70000000Noninterest-bea

Hazardous Waste Residential WasteTotal assets $13000000 $70000000Noninterest-bearing current liabilities 3000000 12000000Net income 1700000 6000000Interest expense 1250000 7300000Required rate of return 12% 14%Tax rate 40% 40%Requireda. Calculate ROI for both subsidiaries.b.
Calculate EVA for both subsidiaries. Note that since no adjustments for
accounting distortions are being made EVA is equivalent to residual
income.c. Which subsidiary has added the most to shareholder value in the last year?d. Based on the limited information which subsidiary is the best candidate for expansion? Explain.