Question: Quantitative Problem: Rosnan Industries' 2 0 1 8 and 2 0 1 7 balance sheets and income statements are shown below. All of the balance
Quantitative Problem: Rosnan Industries' and balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset.
Balance Sheets:
Cash and equivalents $ $
Accounts receivable
Inventories
Total current assets $ $
Net plant and equipment
Total assets $ $
Accounts payable $ $
Accruals
Notes payable
Total current liabilities $ $
Longterm debt
Common stock
Retained earnings
Total liabilities and equity $ $
Income Statements:
Sales $ $
Operating costs excluding depreciation
EBITDA $ $
Depreciation and amortization
EBIT $ $
Interest
EBT $ $
Taxes
Net income $ $
Dividends paid $ $
Addition to retained earnings $ $
Shares outstanding
Price $ $
WACC
Using the financial statements above, what is Rosnan's market value added MVA Do not round intermediate calculations. Round your answer to the nearest dollar.
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