Sample Question Jane Doe is a private company which a management accountant is analyzing its performance. So it is trying to look at different components that are distributing to its success. The tests he wants to carry out are the following using the table below: Current liabilities $34500 Notes payable 65600 Bond payable 28500 Equity 190,000 Total Assets ? Accumulated Depreciation on buildings $15000 Current Assets 48,600 Core current asset 27.800 Non operating assets $12,000 Tax rate 25% Net income $39,500 Research and Development $28200 Training expenses for employees $19700 Sales 56200 Interest on debt 7000 Government Bond Rate 3% Market Index in January 2021 18765 Market Index in December 2021 20,000 Beta 1.8 Beginning Operating assets $300,000 5. Calculate Residual Income. 6. Find average Operating assets 7. Calculate both methods of ROI 8. What are the major advantages of using EVA to evaluate performance