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Quantitative Problem: Rosnan Industries' 2013 and 2012 balance sheets and income statements are shown below Balance Sheets: 2013 2012 Cash and equivalents $85 $100 Accounts

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Quantitative Problem: Rosnan Industries' 2013 and 2012 balance sheets and income statements are shown below Balance Sheets: 2013 2012 Cash and equivalents $85 $100 Accounts receivable 275 200 Inventories 375 250 Total current assets $750 $635 Net plant and equipment 2,000 1,490 Total assets $2,750 $2,125 Accounts payable $150 $85 Accruals 75 50 Notes payable 150 75 Total current liabilities $375 $210 Long-term debt 450 290 Common stock 1,225 1,225 Retained earnings 700 400 Total liabilities and equity $2,750 $2,125 Income Statements: 2013 2012 Sales $2,000 $1,500 Operating costs excluding depreciation 1,250 1,000 $750 EBITDA $500 Depreciation and amortization 100 75 EBIT $650 $425 Interest 62 45 EBT $588 $380 Taxes (40%) 235 152 Net income $353 $228 Dividends paid $53 $48 Addition to retained earnings $300 $180 Shares outstanding 100 100 Price $27.78 25.28 WACC 9.00 % Using the financial statements above, what is Rosnan's 2013 market value added (MVA)? Round your answer to the nearest dollar. Do not round intermediate calculations. 853 Using the financial statements given earlier, what is Rosnan's 2013 economic value added (EVA)? Round your answer to the nearest cent. Do not round intermediate calculations

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