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ADINIKE Corporations financial statements is provided here. Balance Sheets as of December 31 2014 2013 Current Assets 930,000 697,500 Net Plant and Equipment 2,170,000 2,092,500
ADINIKE Corporations financial statements is provided here.
Balance Sheets as of December 31 | 2014 | 2013 | |
Current Assets | 930,000 | 697,500 | |
Net Plant and Equipment | 2,170,000 | 2,092,500 | |
Total Assets | 3,100,000 | 2,790,000 | |
Accounts Payable | 155,000 | 167,400 | |
Notes Payable | 217,000 | 83,700 | |
Accruals | 93,000 | 195,300 | |
Long-Term Bonds | 806,000 | 669,600 | |
Total Common Equity | 1,829,000 | 1,674,000 | |
Total Liabilities & Equity | 3,100,000 | 2,790,000 | |
Income Statement as of December 31 | 2014 | ||
EBITDA | 930,000.0 | ||
Depreciation and Amortization | 108,500.0 | ||
Interest | 80,600.0 | ||
Taxes 40% | 296,360.0 | ||
Net Income | 444,540.0 | ||
Other Information | 2014 | ||
WACC | 26.20% | ||
Number of common shares outstanding | 31,000 | ||
Price per share | $88.50 |
What was 2014 EVA?
Please show and explain work, Thanks
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