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Consider the following data to answer question 12 below. The figures are in millions of dollars. Balance sheet Cash and short-term investments 7000 Current liabilities


Consider the following data to answer question 12 below. The figures are in millions of dollars.

Balance sheet

Cash and short-term investments 7000 Current liabilities 20000
Other current assets 10000 Long-term debt 35000
Non-current assets 62000


Total assets 79000 Equity
24000


Income statement

Operating income 7000
Interest payment 500
Income before taxes 6500
Taxes
1300
Net income
5200

The company's WACC is 8%.

 

EVA (economic value added) is equal to....?

 




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