Question: Here are data on two firms: Equity ($ million) 110 460 Debt ($ million) 40 140 ROC (%) 14 12 Cost of Capital (%) 8

Here are data on two firms: Equity ($ million) 110 460 Debt ($ million) 40 140 ROC (%) 14 12 Cost of Capital

Here are data on two firms: Equity ($ million) 110 460 Debt ($ million) 40 140 ROC (%) 14 12 Cost of Capital (%) 8 9 Acme Apex Required: a-1. Calculate the economic value added? (Do not round intermediate calculations. Enter your answers in millions) Acme million Apex million Economic value added b-1. 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

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