Question
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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Get StartedRecommended Textbook for
Bank Management and Financial Services
Authors: Peter Rose, Sylvia Hudgins
9th edition
78034671, 978-0078034671
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