Tristan, your newly appointed boss, has tasked you with evaluating the following financial data for Extensive Enterprise Inc. to determine how Extensive's value has changed over the past year. The investment firm for which you work will make a positive (or "buy") recommendation to its investing clients if Extensive's value has increased over the past year, a neutral (or "hold") recommendation if the value has remained constant, or a negative (or "sell") recommendation if the value has decreased. He has recommended that you use several metrics to ascertain how the firm's value has changed, and he has provided you with the following income statement and balance sheet. Extensive Enterprise Inc. Balance Sheet December 31, Year 2 Using the change in Extensive's EVA as the decision criterion, which type of investment recommendation should you make to your clients? A sell recommendation A hold recommendation A buy recommendation Which of the following statements are correct? Check all that apply. Investor-supplied operating capital is recorded as accounts payable, accruals, and short-term investments. The percentage change in Extensive's EVA indicates that management has increased its value. The percentage change in Extensive's MVA indicates that its management has increased the firm's value. Extensive's NCF is calculated by adding its annual depreciation and amortization expense to the corresponding year's EBITDA. For any given year, one way to compute Extensive's EVA is as the difference between its NOPAT and the product of its operating capital and its weighted average cost of capital