Quantitative Problem: Rosnan Industries' 2017 and 2016 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Balance Sheets: 2017 2016 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest EBT Taxes (40%) Net income Dividends paid Addition to retained earnings Shares outstanding Price Income Statements: $100 $85 275 200 375 250 $750 $635 2,000 1,490 $2,750 $2,125 $150 $85 75 50 150 75 $375 $210 450 290 1,225 1,225 700 400 $2,750 $2,125 2017 2016 $1,500 1,000 $500 75 $425 45 $380 152 $228 $48 $180 130 $25.28 $2,000 1,250 $750 100 $650 62 $588 235 $353 $53 $300 130 $27.78 Shares outstanding 130 130 Price $25.28 $27.78 9.00% WACC Using the financial statements above, what is Rosnan's 2017 market value added (MVA)? Round your answer to the nearest dollar. Do not round intermediate calculations. S Using the financial statements given earlier, what is Rosnan's 2017 economic value added (EVA)? Round your answer to the nearest cent. Do not round intermediate calculations. S