Question
Barnes' Brothers has the following data for the year ending 12/31/15; Net income = $600; Net operating profit after taxes (NOPAT) = $700; Total assets
Barnes' Brothers has the following data for the year ending 12/31/15; 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 = $2,100. Barnes' weighted average cost of capital is 10%. What is its econcomic value added (EVA)?
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
