Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. if new topic corporation has wacc of 10%, what is

If NEW TOPIC Corporation has WACC of 10%, what is the Economic Value Added for...

90.2K

Verified Solution

Question

Finance

If NEW TOPIC Corporation has WACC of 10%, what is the Economic Value Added for the current year? $389.43 $676.42 $379.50 $355.08

image

NEW TOPIC Corporation Balance Sheet NEW TOPIC Corporation Balance Sheet (in Millions) Assets Liabilities & Owners' Equity Last Current Last Current Year Year Year Year Current Assets Current Liabilities Cash $ 213 $ 281 Accounts Payable $ 385 $ 445 Accounts Receivable 457 461 Notes Payable 201201 Inventory 665 554 Total $ 586 $ 646 Total $ 1,335 $ 1,296 Long-Term Debt $ 2,998 $ 3,015 Fixed Assets PP&E $ 5,124 $ 6,428 Total Liabilities $ 3,584 $ 3,661 Accumulated Dep. 909 1,274 Net PP&E $ 4,215 $ 5,154 Owners'Equity $ 1,966 $ 2,789 Total Assets $ 5,550 $ 6,450 Total Liab. And Equity $ 5,550 $ 6,450 NEW TOPIC Corporation Income Statement - Current Year NEW TOPIC Corporation Current Year Income Statement (in Millions) Sales Cost of Goods Sold Depreciation Earnings Before Interes and Taxes $ 2,877 1,012 365 $ 1.500 Earnings Before Taxes Taxes Net Income $ 1,500 520 980 Retained Earnings Dividends $ $ 823 157

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students