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Select information from ADINIKE Corporations financial statements is provided here. Balance Sheets as of December 31 2014 2013 Current Assets 750,000 562,500 Net Plant and
Select information from ADINIKE Corporations financial statements is provided here.
Balance Sheets as of December 31 | 2014 | 2013 | |
Current Assets | 750,000 | 562,500 | |
Net Plant and Equipment | 1,750,000 | 1,687,500 | |
Total Assets | 2,500,000 | 2,250,000 | |
Accounts Payable | 125,000 | 135,000 | |
Notes Payable | 175,000 | 67,500 | |
Accruals | 75,000 | 157,500 | |
Long-Term Bonds | 650,000 | 540,000 | |
Total Common Equity | 1,475,000 | 1,350,000 | |
Total Liabilities & Equity | 2,500,000 | 2,250,000 | |
Income Statement as of December 31 | 2014 | ||
EBITDA | 750,000.0 | ||
Depreciation and Amortization | 87,500.0 | ||
Interest | 65,000.0 | ||
Taxes 40% | 239,000.0 | ||
Net Income | 358,500.0 | ||
Other Information | 2014 | ||
WACC | 25.00% | ||
Number of common shares outstanding | 25,000 | ||
Price per share | $88.50 |
What was 2014 EVA ?
Question 10 options:
$(177,500) | |
$90,000 | |
$177,500 | |
$(90,000) |
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