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(The following information applies to all question in this quiz). Consider two companies, Stars and Stripes. Last year, Stars produced a NOPAT of $85 million

(The following information applies to all question in this quiz). Consider two companies, Stars and Stripes. Last year, Stars produced a NOPAT of $85 million with $500 million of invested capital, on which providers require a return of 12%. Stripes produced a NOPAT of $90 million with $900 million of invested capital, on which providers require a 15% return.

Last year, Stripes EVA was

a) $25 million

b) $5 million

c) $25 million

d) $45 million

e) $10 million

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