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Below is the balance sheet for Glucose Control Company as of Dec. 31, 2022. The company had an EBIT of 88,000 in 2022, a tax
Below is the balance sheet for Glucose Control Company as of Dec. 31, 2022. The company had an EBIT of 88,000 in 2022, a tax rate of 34% and an after-tax cost of capital of 16%. The current stock price is $43 and there are 4,500 shares outstanding.
Assets | Liabilities and Equity | |||
Cash | 11,000 | Accounts payable | 20,000 | |
Marketable securities | 2,000 | Notes payable | 6,000 | |
Accounts receivable | 4,000 | Current liabilities | 26,000 | |
Inventory | 35,000 | Long-term debt | 95,000 | |
Current assets | 52,000 | Total liabilities | 121,000 | |
Machines | 34,000 | Paid-in capital | 20,000 | |
Real estate | 80,000 | Retained earnings | 25,000 | |
Fixed assets | 114,000 | Equity | 45,000 | |
Total assets | 166,000 | Total liab. & equity | 166,000 |
What was the market value added (MVA)?
What was NOPAT for 2022?
What was total invested capital at the end of 2022?
What was the economic value added (EVA)?
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