80.2K
Verified Solution
Link Copied!
Cash and equivalents Accounts receivable \begin{tabular}{rr} 2017 & 2016 \\ \hline$100 & $85 \\ 275 & 200 \end{tabular} Inventories Total current assets Net plant and equipment Total assets \begin{tabular}{rr} 375 & 250 \\ \hline$750 & $635 \end{tabular} Accounts payable Accruals \begin{tabular}{rr} 2,000 & 1,490 \\ \hline$2,750 & $2,125 \\ \hline \hline \end{tabular} Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity \begin{tabular}{rr} $150 & $85 \\ 75 & 50 \\ 150 & 75 \\ \hline$375 & $210 \\ 450 & 290 \\ 1,225 & 1,225 \\ 700 & 400 \\ \hline$2,750 & $2,125 \\ \hline \hline \end{tabular} Income Statements: Sales \begin{tabular}{rr} 2017 & \multicolumn{2}{c}{2016} \\ \hline$2,000 & $1,500 \\ 1,250 & 1,000 \\ \hline$750 & $500 \\ 100 & 75 \\ \hline$650 & $425 \\ 62 & 45 \\ \hline$588 & $380 \\ 235 & 152 \\ \hline$353 & $228 \\ \hline \hline \end{tabular} Dividends paid Addition to retained earnings $53$300$48$180 Shares outstanding Price 190$20.83190$18.33 WACC 12.00% Using the financial statements above, what is Rosnan's 2017 market value added (MVA)? Round your answer to the nearest dollar. Do not round intermediate calculations. $2,242 Show All Feedback Using the financial statements given earlier, what is Rosnan's 2017 economic value added (EVA)? Round your answer to the nearest cent. Do not round intermediate calculations. $162.75 Show All Feedback
Answer & Explanation
Solved by verified expert
