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Basic Question 1 of 5

Based on the following information, calculate ABC Company's residual income using equity charge method:

  • At the beginning of the fiscal period: debt - $150; equity - $250.
  • Net income of the period: $50.
  • Cost of equity: 15%.
  • Cost of debt: 6%.
  • Marginal tax rate: 35%.

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

calculate and interpret residual income, economic value added, and market value added;

CFA® 2025 Level II Curriculum, Volume 4, Module 24.