Thanks in advance! Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and...
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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets: 2019 2018 $100 $85 275 300 375 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets 250 $750 $635 1,490 2,300 $3,050 $2,125 $150 $85 75 50 150 75 $375 $210 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity 450 290 825 500 1,225 1,225 400 1,000 2,225 $3,050 1,625 $2,125 Income Statements: 2019 2018 $2,285 $1,585 1,250 1,000 Sales Operating costs excluding depreciation EBITDA Depreciation and amortization $1,035 $585 100 75 $935 $510 Interest 63 46 $872 $464 218 116 Taxes (259) Net Income $654 $345 $54 $48 Dividends pald Addition to retained earnings $600 $300 130 130 Shares outstanding Price $20.83 $15.33 12.00% WACC Using the financial statements above, what is Rosnan's 2019 market value added (MVA)? Do not round intermediate calculations. Round your answer to the nearest cent. $ Using the financial statements above, what is Rosnan's 2019 market value added (MVA)? Do not round intermediate calculations. Round your answer to the nearest cent. $ Using the financial statements given earlier, what is Rosnan's 2019 economic value added (EVA)? Do not round Intermediate calculations. Round your answer to the nearest cent. $
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