Below is the balance sheet for Glucose Control Company as of Dec. 31, 2022. The company had an EBIT of 88,000 in 2022, a tax rate of 34% and an after-tax cost of capital of 16%. The current stock price is $43 and there are 4,500 shares outstanding. Assets Liabilities and Equity Cash 11,000 Accounts payable 20,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 4,000 Current liabilities 26,000 Inventory 35,000 Long-term debt 95,000 Current assets 52,000 Total liabilities 121,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 25,000 Fixed assets 114,000 Equity 45,000 Total assets 166,000 Total liab. & equity 166,000 What was the market value added (MVA)? What was NOPAT for 2022? What was total invested capital at the end of 2022? What was the economic value added (EVA)?
Below is the balance sheet for Glucose Control Company as of Dec. 31, 2022. The company had an EBIT of 88,000 in 2022, a tax rate of 34% and an after-tax cost of capital of 16%. The current stock price is $43 and there are 4,500 shares outstanding. Assets Liabilities and Equity Cash 11,000 Accounts payable 20,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 4,000 Current liabilities 26,000 Inventory 35,000 Long-term debt 95,000 Current assets 52,000 Total liabilities 121,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 25,000 Fixed assets 114,000 Equity 45,000 Total assets 166,000 Total liab. & equity 166,000 What was the market value added (MVA)? What was NOPAT for 2022? What was total invested capital at the end of 2022? What was the economic value added (EVA)?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Below is the
| Assets | Liabilities and Equity | |||
| Cash | 11,000 | Accounts payable | 20,000 | |
| Marketable securities | 2,000 | Notes payable | 6,000 | |
| 4,000 | Current liabilities | 26,000 | ||
| Inventory | 35,000 | Long-term debt | 95,000 | |
| Current assets | 52,000 | Total liabilities | 121,000 | |
| Machines | 34,000 | Paid-in capital | 20,000 | |
| Real estate | 80,000 | 25,000 | ||
| Fixed assets | 114,000 | Equity | 45,000 | |
| Total assets | 166,000 | Total liab. & equity | 166,000 |
What was the market value added (MVA)?
What was
What was total invested capital at the end of 2022?
What was the economic value added (EVA)?
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