Barnes Brothers has the following data for the year ending 12/31/12: Net income = $500;...
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Barnes Brothers has the following data for the year ending 12/31/12: Net income = $500; Net operating profit after taxes (NOPAT) = $850; Total assets = $3,000; Short-term investments = $100; Stockholders' equity = $2,000; Total debt = $700; and Total operating capital = $3,000. Barnes' weighted average cost of capital is 14.4%. What is its economic value added (EVA)
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