2018 2017 5550 110 2,750 1,650 55.060 3.850 58,910 $ 500 100 2.500 1.500 54 600 3.500 $8,100 Assets Cash Short-term investments Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term der Total liabilities Common stock Retained earnings Total common equity Total abilities and equity ST.000 50D 1200 51.100 550 384 52.034 1.100 53,134 4,312 1.454 55,776 5 $1,700 1.000 $2.700 4.400 1,000 55.400 S8 TOO 2018 2017 Sales $11,000 $10.000 9,360 8,500 Operating costs excluding depreciation Depreciation and amortization Earnings before interest and taxes 380 360 $ 1,260 5 1,140 Less interest 120 100 Pre-tax income $ 1,140 S 1,040 Taxes (40% 416 Net ncome ava lagle to common stockholders SE84 $ 674 Common pudends a) What is the total net operating capital for 2017? 3000+3500= 6500 b) What is the total net operating capital for 2018? 3300+3850=7150 c) What is the return on invested capital (ROIC) for 2017? d) What is the return on invested capital (ROIC) for 2018? 789/5750= 13.72% c) Assume that the weighted average cost of capital (WACC) is 8.5%. What is the economic value added (EVA) for 2017? 1) Assume that the weighted average cost of capital (WACC) is 8.5%. What is the economic value added (EVA) for 2018? 8) Assume that there are 100 million shares of common stock outstanding. The current stock price per share is $85 per share. What is the market value added (MVA) for equity in 2018