Question: FIUI Niyo) Check my 11 Here are data on two firms: 0.5 soints Equity ($ million) 110 460 Debt (5 million) 40 140 Acme

FIUI " Niyo) Check my 11 Here are data on two firms: 0.5 soints Equity ($ million) 110 460 Debt (5 million) 40 140 Acme Apex Cost of Capital YA) 8 9 ROC (9) 14 12 Suipped Required: 3-1. Calculate the economic value added? (Do not round intermediate calculations. Enter your answers in millions) Book Print References Acme milion Apex milion Economic value added a-2. Which firm has the higher economic value added? Acme Apex 5 med b1. Calculate the economic value added per dollar of invested capital? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Acme Apex Economic value added rences b-2. Which has higher economic value added per dollar of invested capital? Acme Apex

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