FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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)?

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