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Here are data on two firms: Equity ($ million) Debt ($ million) ROC (%) Cost of Capital (%) Acme 200 150 18 12 Apex 410
| Here are data on two firms: |
| Equity ($ million) | Debt ($ million) | ROC (%) | Cost of Capital (%) | |||||||||
| Acme | 200 | 150 | 18 | 12 | ||||||||
| Apex | 410 | 190 | 16 | 13 | ||||||||
| a-1. | Calculate the higher economic value added? (Do not round intermediate calculations. Enter your answers in millions) |
| Acme | Apex | |
| Higher economic value added | $ million | $ million |
| b-1. | Calculate the higher economic value added per dollar of invested capital? (Do not round intermediate calculations. Round your answers to 2 decimal places.) |
| Acme | Apex | |
| Higher economic value added | $ | $ |
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