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Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an

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Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Balance Sheets: 2018 2017 Cash and equivalents $100 85 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 $150 75 150 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity $375 450 S85 50 75 $210 290 1,225 400 1,225 700 $2,750 $2,125 Income Statements: 2018 $2,000 1,250 $750 2017 $1,500 1,000 $500 75 $425 45 Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest EBT Taxes (40%) Net income 100 $650 62 $380 $588 235 $353 152 $228 S53 $48 Dividends paid Addition to retained earnings S300 $180 110 Shares outstanding Price WACC 110 $25.00 10.00% $22.50 Using the financial statements above, what is Rosnan's 2018 market value added (MVA)? Do not round intermediate calculations. Round your answer to the nearest dollar. S Using the financial statements given earlier, what is Rosnan's 2018 economic value added (EVA)? Do not round intermediate calculations. Round your answer to the nearest cent. s

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