Quantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. All of the

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Quantitative Problem Rosnan Industries 2020 And 2019 Balance Sheets And Income Statements Are Shown Below All Of The 1 (425.46 KiB) Viewed 52 times

Quantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Balance Sheets: 2020 2019 Cash and equivalents $85 Accounts receivable 200 Inventories 250 Total current assets. $535 Net plant and equipment 1,590 Total assets $2,125 Accounts payable $85 Accruals 50 Notes payable 75 Total current liabilities $210 Long-term debt 290 Common stock 1,225 Retained earnings 400 Total common equity $1,625 Total liabilities and equity $2,125 2019 Sales $1,585 Operating costs excluding depreciation 1,000 EBITDA $585 Depreciation and amortization 75 EBIT $510 Interest 46 EBT $464 Taxes (25%) 116 Net income $348 Dividends paid $48 Addition to retained earnings $600 $300 Shares outstanding 100 100 Price $25.00 $22.50 WACC 8.00% Using the financial statements above, what is Rosnan's 2020 market value added (MVA)? Do not round intermediate calculations. Round your answer to the nearest dollar. $ Using the financial statements given earlier, what is Rosnan's 2020 economic value added (EVA)? Do not round intermediate calculations. Round your answer to the nearest cent. $ Income Statements: $100 275 375 $750 2,300 $3,050 $150 75 150 $375 450 1,225 1,000 $2,225 $3,050 2020 $2,285 1,250 $1,035 100 $935 63 $872 218 $654 $54