Question: What was the MVA for 2016? Assumae that its stock price at December 31, 2016, was $2.5. Please evaluate managers' performance based on MVA.

Balance sheets as of December 31 Millions of Dollars) 2016 2015 Assets Cash and cash equivalents $ 12.0 180.0 180.0 372.0 330.0 30.0 300.0 S 10.0 150.0 2-0.0 60.0 75.0 5.0 Accounts receivable Inventories Total current assets Gross fixed assets Less: Depreciation and amortization Net fixed asset 250.0 $610.0 Total assets $ 672.0 s 6720 Liabilities and Equity Accounts payable $ 108.0 72.0 67.0 247.0 150.0 397.0 50.0 225.0 $ 90.0 Accruals 60.0 Notes payable 51.5 201.5 150.0 351.5 Total current liabilities Long-term bonds Total liabilities Common stock (50 million shares) Retained earnings 50.0 208.5 Common equity Total liabilities and equity 275.0 258.5 S 672.0 S 610.0 SHIBA