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Here are data on two firms Equity is willion) 120 Debt (5 million) 10 ROC () 17 13 cost of Capital () 11 12 Acas

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Here are data on two firms Equity is willion) 120 Debt (5 million) 10 ROC () 17 13 cost of Capital () 11 12 Acas 0-1. Calculate the economic value added? (Do not found intermediate calculations. Enter your answers in millions) Aene Apex Economic aue added milion no 0-2. Which firm has the higher economic value added? Apex has higher economic value added Acme has higher economic value added b.1. Calculate the economic value-added pet dollar of invested capital (Do not round intermediate calculations. Round your answers to 2 decimal places)

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