Question
1. In 2020, Burke-Packing repurchased shares of common stock worth $5,295 million and made dividend payments of $912 million. Other financing activities raised $241 million,
1. In 2020, Burke-Packing repurchased shares of common stock worth $5,295 million and made dividend payments of $912 million. Other financing activities raised $241 million, and Burke-Packing's total cash flow from financing was $6,185 million. How much did the long-term debt accounts of Burke-Packing change?
(If the long-term debt decreased, please use a negative sign)
2.The ABS company has a capital base of $190 million, an opportunity cost of capital (k) of 20%, a return on assets (ROA) of 10%, and a return on equity (ROE) of 30%. What is the economic value added (EVA) for ABS?
(If the EVA debt decreased, please use a negative sign)
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