Homework Help is Here – Start Your Trial Now!
Business
Accounting
What is the amount of the economic value added (EVA)? * The following information is available for Thalia Enterprises for 2018: Operating profit Depreciation expense Change in net working capital Capital expenditures P60,000,000 15,000,000 10,000,000 12,000,000 120,000,000 20,000,000 40,000,000 Total assets Current liabilities Long term liabilities Weighted-average cost of capital Income tax rate 10% 40%

What is the amount of the economic value added (EVA)? * The following information is available for Thalia Enterprises for 2018: Operating profit Depreciation expense Change in net working capital Capital expenditures P60,000,000 15,000,000 10,000,000 12,000,000 120,000,000 20,000,000 40,000,000 Total assets Current liabilities Long term liabilities Weighted-average cost of capital Income tax rate 10% 40%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

p3-7

What is the amount of the economic value added (EVA)? * The following information is available for Thalia Enterprises for 2018: Operating profit Depreciation expense Change in net working capital Capital expenditures Total assets P60,000,000 15,000,000 10,000,000 12,000,000 120,000,000 20,000,000 40,000,000 10% Current liabilities Long term liabilities Weighted-average cost of capital Income tax rate 40% 20,000,000 O 15,000,000 O 36,000,000 O 26,000,000
Transcribed Image Text:What is the amount of the economic value added (EVA)? * The following information is available for Thalia Enterprises for 2018: Operating profit Depreciation expense Change in net working capital Capital expenditures Total assets P60,000,000 15,000,000 10,000,000 12,000,000 120,000,000 20,000,000 40,000,000 10% Current liabilities Long term liabilities Weighted-average cost of capital Income tax rate 40% 20,000,000 O 15,000,000 O 36,000,000 O 26,000,000
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Financial Reporting in Hyperinflationary Economies
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS