Question: Here are data on two firms. a. Which firm has the higher economic value added? b. Which has higher economic value added per dollar of

Here are data on two firms.

Here are data on two firms. a. Which firm has the

a. Which firm has the higher economic value added?
b. Which has higher economic value added per dollar of invested capital?

Equity ($million) 100 Debt ($million) 50 ROA(%) 17 15 Cost of capital (%) 9 10 Acme Apex 450 15

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