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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets: 2019 2018 Cash and equivalents $100 $85 Accounts

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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets: 2019 2018 Cash and equivalents $100 $85 Accounts receivable 275 300 Inventories 375 250 Total current assets $750 2,300 Net plant and equipment Total assets $635 1,490 $2,125 $3,050 $150 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities $85 50 75 150 75 $375 450 $210 290 Long-term debt Total liabilities 825 500 Common stock 1,225 400 Retained earnings Common equity Total liabilities and equity 1,225 1,000 2,225 $3,050 1,625 $2,125 Income Statements: 2019 2018 Sales $1,585 1,000 $2,285 1,250 $1,035 100 $935 Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT $585 75 $510 63 46 $872 $464 Interest EBT Taxes (25%) Net income 218 116 $654 $348 Dividends paid Addition to retained earnings $54 $600 $48 $300 110 Shares outstanding Price WACC 110 $20.23 $22.73 11.00% Using the financial statements above, what is Rosnan's 2019 market value added (MVA)? Do not round intermediate calculations. Round your answer to the nearest cent. $ Using the financial statements given earlier, what is Rosnan's 2019 economic value added (EVA)? Do not round intermediate calculations. Round your answer to the nearest cent. $

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