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Barnes' Brothers has the following data for the year ending 12/31/2022 : Net income =$600; Net operating profit after taxes (NOPAT) =$700; Total assets =$2,500;
Barnes' Brothers has the following data for the year ending 12/31/2022 : Net income =$600; Net operating profit after taxes (NOPAT) =$700; Total assets =$2,500; Short-term investments =$200; Stockholders' equity =$1,800; Total debt =$700; and Total operating capital =$1,700. Barnes' weighted average cost of capital is 10%. What is its economic value added (EVA). Select the correct answer. a. $530.00 b. $532.00 c. $528.00 d. $526.00 e. $534.00
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