Consider the following data to answer question 12 below The figures are in millions of dollars Balance sheet Cash and short term investments 7000 Current liabilities 20000 Other current assets 10000 Long term debt 35000 Non current assets 62000 Total assets 79000 Equity 24000 Income statement Opera...

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Consider the following data to answer question 12 below. The figures are in millions of dollars. Balance

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Consider the following data to answer question 12 below. The figures are in millions of dollars.

Balance sheet

Cash and short-term investments	7000	Current liabilities	20000
Other current assets	10000	Long-term debt	35000
Non-current assets	62000
Total assets	79000	Equity		24000

Income statement

Operating income	7000
Interest payment	500
Income before taxes	6500
Taxes		1300
Net income		5200

The company's WACC is 8%.

EVA (economic value added) is equal to....?

Related Book For answer-question

Bank Management and Financial Services

ISBN: 978-0078034671

9th edition

Authors: Peter Rose, Sylvia Hudgins

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Posted Date: Mar 25, 2024 03:09 AM

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Consider the following data to answer question 12 below. The figures are in millions of dollars. Balance

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Bank Management and Financial Services

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