1-3. Let's Analyze (Solving Problem) The CFO of XYZ Company would like to determine if his financial management team were able to increase or decrease the market value of the company. He prepares a financial statement which calculates the market value added (MVA) for the prior year (2019) and for the current year (2020). Additional details as follows: No. of Common Shares Outstanding Common Stock Price No. of Preferred Shares Outstanding Preferred Share Price Book Value of Invested Capital Market Value Added 2019 6,500,000 $4.50 658,000 $15 28,000,000 ? 2020 8,000,000 $6.50 700,000 $15.85 35,000,000 ? Requirements: 1. Compute for the Market-Value Added (MVA) for the previous or prior year 2019 and for the current year 2020. 2. Give me your Financial Analysis/Interpretation of the above: a) How much is the net gain in MVA during the past year. b) What is the percentage increase or decrease in MVA over the past year? 190