Spencer Inc. has the following information for the current year: Net income $=$$$400$; Net operating profit after taxes $($NOPAT$)=$ $$600$; Total assets $=$$$4,000$; Short$-$term investments $=$$$500$; Stockholders equity $=$$$2,000$; Debt $=$$$1,000$; and Total net operating capital $=$$$2500.$ Spencer's cost of capital is $10\%.$

What is the Return on invested capital $($ROIC$)$ for the current year?

$15\mathrm{.}0\%$

$20\mathrm{.}0\%$

$24\mathrm{.}096$

$25\mathrm{.}0\%$

$30\mathrm{.}0\%$

Question $30$

Continued from the previous problem:

What is Spencer's Economic value added $($EVA$)?$

$$250$

$$300$

$$350$

$$375$

$$400$