Please help! Cannot seem to get the correct answer for the second question regarding EVA....
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Please help! Cannot seem to get the correct answer for the second question regarding EVA. Will upvote! Thank you!!
Uploading more images. Please help with second question regarding EVA; thank you much!!
Quantitative Problem: Posnan Industries' 2017 and 2016 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Income Statements: Quantitative Problem: Rosnan Industries' 2017 and 2016 balance sheets and inco balance of Cash and Equivalents is an operating asset. Income Statements: Sales \begin{tabular}{rr} 2017 & \multicolumn{1}{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 \end{tabular} Dividends paid Addition to retained earnings $53$300$48$180 Shares outstanding 110110 Price $22.73$20.23 WACC 11.00% 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. 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





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