Question: Please answer all questions by using the information below. 1) What was the market value added (MVA)? 2) What was NOPAT for 2016? 3) What
Intro Below is the balance sheet for Glucose Controi Company as of Dec. 31, 2016. The company had an EBIT of 79,000 in 2016, a tax rate of 34% and an after-tax cost of capital of 18%. The current stock price is $55 and there are 4,500 shares outstanding. Assets Liabilities and Equity 10,000 Accounts payable 22,000 6,000 Accounts receivable 3,000 Current liabilities 28,000 31,000 Long-term debt 95,000 46,000 Total liabilities 123,000 20,000 80,000 Retained earnings 17,000 37,000 160,000 Total liab. & equity 160,000 Cash Marketable securities 2,000 Notes payable Inventory Current assets Machines Real estate Fixed assets Total assets 34,000 Paid-in capital 114,000 Equity
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