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Consider the following data for the firms Acme and Apex: Debt ROC Equity ($ million) 210 1,050 ($ million) 105 350 Acme Apex Cost of

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Consider the following data for the firms Acme and Apex: Debt ROC Equity ($ million) 210 1,050 ($ million) 105 350 Acme Apex Cost of Capital (%) 9% 10% (%) 17% 15% a-1. Calculate the economic value added for Acme and Apex. (Enter your answers in millions rounded to 2 decimal places.) million Economic value added for Acme Economic value added for Apex million a-2. Which firm has the higher economic value added? Acme Apex b-1. Calculate the economic value added per dollar of invested capital for Acme and Apex. (Round your answers to 2 decimal places.) Economic value added for Acme per dollar per dollar Economic value added for Apex b-2. Which firm has the higher economic value added per dollar of invested capital? Acme Apex

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