A B $ $ $ Assets 80,000 150,000 90,000 Assets including PPE 54,000 110,000 62,000 Cash + AR+ Inventory 20,000 30,000 18,000 87200 Liabilities Equity 48720 ? 45,000 ? ? 14,600 27,000 300 00 Research & Development Training Expenses 8900 10200 16400 Sales 85400 87000 85200 Operating expenses Depreciation EBIT Tax 45875 20000 16240 30% 15,240 47650 20000 43450 25% 55,400 54200 200 00 22360 20% 25,840 Net income A B Cost of equity 9% 8% 6.5% + Cost of debt 5.5% 4.5% 3.5 Assets = Labilities + Equity Assume Liabilities consist of 209 + ent liabilities and the rest is debt which the company has to pay interest The table above shows the financial data of three companies A,B and C. The initial investment was $65000. Required 1. Carry out a Dupont Analysis to show what has contributed to the ROE of the company [profitability; efficiency, financial leverage] 2. Calculate the WACC of the company 3. Calculate the EVA of year A,B,C. 4. Calculate the residual income of the three companies