How is the 5.59 highlighted below yellow calculated?
2) 2017 EVA bonus payout for a manager assuming that the manager's salary is $300,000 and the bonus is based 100% on divisional Particulars Managers Base Salary Bonus Target (60% of Base Salary (100% of Division EVA)) EVA Improvement Goal EVA Target EVA Interval Manager Base Salary Bonus Target (100% Based on Division EVA) EVA Performance 2017 $300,000 $180,000 $2,150,000 $5,895,000 $12,000,000 $300,000 60% 5.59 Bonus Calculation for year 2017 (Target Bonus * EVA Performance) $10,062 New Bank Balance for Dividend Payout $95,031 Bonus Payout in the year 2017 $105,093 Vyaderm Pharmaceuticals: The EVA Decision Exhibit 8 North American Dermatology Financial Data for EVA Calculation ($ 000s except bonus) Divisional EVA Calculation: Actual EVA EVA Improvement Goal EVA Target EVA Interval Profit & Loss: Income before following items: Research & Development Expense Consumer Advertising Expense Goodwill Impairment Net Income Before Tax Current Year's Income Tax Payments Balance Sheet: Net Operating Assets Capital Charge for EVA Purposes Divisional Manager's Bonus: Base Salary Bonus Target Bonus Payout 2013 $24,694 12,487 34 0 $12,173 (4,261) $66,949 2014 $31,512 14,610 38 0 $16,864 (5,902) $79,000 2015 $36,584 17,094 41 0 $19,449 (6,807) $93,220 2016 $3,745(a) $42,545 20,000 45 0 $22,500 (7,875) $110,000 $300,000 na $90,000 101-019 2017 $2,150 $5,895 $12,000 $92,550 39,000 50 10,000 $43,500 (18,725) $135,000 11% $300,000 60% 2) 2017 EVA bonus payout for a manager assuming that the manager's salary is $300,000 and the bonus is based 100% on divisional Particulars Managers Base Salary Bonus Target (60% of Base Salary (100% of Division EVA)) EVA Improvement Goal EVA Target EVA Interval Manager Base Salary Bonus Target (100% Based on Division EVA) EVA Performance 2017 $300,000 $180,000 $2,150,000 $5,895,000 $12,000,000 $300,000 60% 5.59 Bonus Calculation for year 2017 (Target Bonus * EVA Performance) $10,062 New Bank Balance for Dividend Payout $95,031 Bonus Payout in the year 2017 $105,093 Vyaderm Pharmaceuticals: The EVA Decision Exhibit 8 North American Dermatology Financial Data for EVA Calculation ($ 000s except bonus) Divisional EVA Calculation: Actual EVA EVA Improvement Goal EVA Target EVA Interval Profit & Loss: Income before following items: Research & Development Expense Consumer Advertising Expense Goodwill Impairment Net Income Before Tax Current Year's Income Tax Payments Balance Sheet: Net Operating Assets Capital Charge for EVA Purposes Divisional Manager's Bonus: Base Salary Bonus Target Bonus Payout 2013 $24,694 12,487 34 0 $12,173 (4,261) $66,949 2014 $31,512 14,610 38 0 $16,864 (5,902) $79,000 2015 $36,584 17,094 41 0 $19,449 (6,807) $93,220 2016 $3,745(a) $42,545 20,000 45 0 $22,500 (7,875) $110,000 $300,000 na $90,000 101-019 2017 $2,150 $5,895 $12,000 $92,550 39,000 50 10,000 $43,500 (18,725) $135,000 11% $300,000 60%
