Transcribed Image Text
Balance Sheets:20132012Cash and equivalents$100 $85 Accounts receivable275 200 Inventories375 250 Total current assets$750 $635 Net plant and equipment2,000 1,490 Total assets$2,750 $2,125 Accounts payable$150 $85 Accruals75 50 Notes payable150 75 Total currentliabilities$375 $210 Long-term debt450 290 Common stock1,225 1,225 Retained earnings700 400 Total liabilities and equity$2,750 $2,125 Income Statements:20132012Sales$2,000 $1,500 Operating costs excluding depreciation1,250 1,000 EBITDA$750 $500 Depreciation and amortization100 75 EBIT$650 $425 Interest62 45 EBT$588 $380 Taxes (40%)235 152 Net income$353 $228 Dividends paid$53 $48 Addition to retained earnings$300 $180 Shares outstanding130 130 Price$ 31.25 $ 28.75 WACC8.00 % Using the financial statements above, what is Rosnan's 2013market value added (MVA)? Round your answer to the nearest dollar.Do not round intermediate calculations.$Using the financial statements given earlier, what is Rosnan's2013 economic value added (EVA)? Round your answer to the nearestcent. Do not round intermediate calculations.