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The Penny Worth Book Company has two divisions: The Brick and Mortar division sells books through more than 100 bookstores throughout the United States; the

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The Penny Worth Book Company has two divisions: The Brick and Mortar division sells books through more than 100 bookstores throughout the United States; the Internet division was formed 18 months ago and sells books via the Internet. Data for the past year are: Total assets Noninterest-bearing current liabilities Interest expense Net income (loss) Tax rate Cost of capital Brick and Mortar Division $165,240,000 7,160,400 1,285,200 28,366,200 20% Internet Division $15,789,600 2,570,400 426,870 (1,147,500) 0 10% 12% Evaluate the two divisions in terms of economic value added (EVA). (Enter negative answers preceding either - sign, e.g. -45 or in parentheses, e.g. (45).) Brick & Mortar Division Internet Division EVA $

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