Question: Houghton Chemicak, which started operations one year ago, has two divions Aloys and Petro. Both dmsions irvest heavily in Rso, which is aswumed to genevate
Houghton Chemicak, which started operations one year ago, has two divions Aloys and Petro. Both dmsions irvest heavily in Rso, which is aswumed to genevate benetfs for tive years. RAD spending s made uniformby throughout the yeac Houghton Chemicals has a cost of capital of percent. Selected mancial information for the two divisions in thousands of dollars for the vear just completed follions:
tablesales revenar,Nazey,PetreDivistemal incere,$Etutitimal inuelteret,SesGerreat Heblkties,se eeveeeanetee
Depultreet
Evaluate tye performance of the two divisons assumng Houghton Chemicals uses econome value added eVA
Note: Eater your answers in thousands of doliers rounded to decimal plece.
tableEVh of Aloys divtion,EVk ef Petre divtion,Which dwision persormed bether?,The Petre diveion perlormed beter
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