Solve the tables above and these questions:

Using the change in Western G&E$$s EVA as the decision criterion, which type of investment recommendation should you make to your clients?

A buy recommendation

A sell recommendation

A hold recommendation

Which of the following statements are correct? Check all that apply.

For any given year, one way to compute Western G&E$$s EVA is as the difference between its NOPAT and the product of its operating capital and its weighted average cost of capital.

The percentage change in Western G&E$$s EVA indicates that management has decreased its value.

An increase in the number of common shares outstanding must increase the market value of the firm$$s equity.

The percentage change in Western G&E$$s MVA indicates that its management has increased the firm$$s value.

Western G&E$$s NCF is calculated by adding its annual interest expense to the corresponding year$$s net income.