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Violet Corporation has P500,000 current liabilities, P2,500,000 noncurrent liabilities and P5,000,000 equity. It has a weighted average cost of capital of 18% and annual earnings

Violet Corporation has P500,000 current liabilities, P2,500,000 noncurrent liabilities and P5,000,000 equity. It has a weighted average cost of capital of 18% and annual earnings of P1,500,000 for the first five years and P2,000,000 for the last 5 years. How much is the value of the firm using economic value added?

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