a) Assuming you are the Financial Manager of Uwezo Ltd,and you have been provided with the following estimates.

Capital employed by the Firm Kshs. 100,000,000

Profit after Tax Kshs .120,000,000

Tax 40%

WACC 14%

Required:

Calculate the Economic Value Added. (4 MARKS)

(b). Explain the defects characterized with the Argenti model. (5 MARKS)

(c). Explain TWO advantages of cryptocurrency transactions. (4 MARKS)

(d). Explain TWO factors a firm should take into consideration during the financial distress process.(2 MARKS)