Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below.

USE THIS INFO FOR Q AT BOTTOM:

QUESTIONS TO ANSWER:

please do not hand-write answers, and explain the steps in solution please! THANK YOU SO MUCH!!

Balance Sheets: 2019 2018 Assets Cash and equivalents Accounts receivable $100 275 $85 300 Inventories 375 250 Total current assets Net plant and equipment Total assets $750 2,300 $3,050 $635 1,490 $2,125 $150 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities $85 50 75 150 75 $375 $210 450 290 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 $2,285 1,250 Operating costs excluding depreciation EBITDA $1,585 1,000 $585 $1,035 100 75 Depreciation and amortization EBIT $935 $510 Interest 63 46 EBT $464 $872 218 Taxes (25%) 116 Net income $654 $348 $48 Dividends paid Addition to retained earnings $54 $600 $300 80 80 Shares outstanding Price $31.25 $28.75 WACC 8.00% 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. $