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Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $600; Total assets =

Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $600; Total assets = $4,000; Short-term investments = $500; Stockholders equity = $2,000; Debt = $1,000; and Total net operating capital = $2500. If Spencer%u2019s cost of capital is 10%, what is its Economic value added (EVA)

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