Can someone please help me solve this?

Here are simplified financial statements for Watervan Corporation: INCOME STATEMENT (Figures in $ millions) Net sales $893.00 Cost of goods sold 753.00 Depreciation 43.00 Earnings before interest and taxes (EBIT) $ 97.00 Interest expense 24.00 Income before tax $ 73.00 Taxes 15.33 Net income $ 57.67 BALANCE SHEET (Figures in $ millions) End of Start of Year Year Assets Current assets $ 381 $ 336 Long-term assets 282 234 Total assets $ 663 $ 570 Liabilities and shareholders' equity Current liabilities $ 206 $ 169 Long-term debt 120 133 Shareholders' equity 337 268 Total liabilities and shareholders' equity $ 663 $ 570 The company's cost of capital is 8.5%. a. Calculate Watervan's economic value added (EVA). (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) b. What is the company's return on capital? (Use start-of-year rather than average capital.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c. What is its return on equity? (Use start-of-year rather than average equity.) (Enter your answer as a percent rounded to 2 decimal places.) d. Is the company creating value for its shareholders? ittps://ezto mheducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=2.&postSubmission View=13252712405234718&wid=13252712221391950&rol... 1/2 /24/2020 Assignment Print View a. Economic value added million b. Return on capital % C. Return on equity % d. Is the company creating value for its shareholders