C Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,184; Total assets = $3,000; Short-term investments = $200; Total capital employed = $2,193; and tax rate = 30%. The company’s WACC is 11.07%. What was its Economic Value Added (EVA) for the year 2020?  Round your answer to the nearest dollar. Group of answer choices: $583 $586 $577 $572 $580

Q: This year, FCF Inc. has earnings before interest and taxes of $10,180,000, depreciation expenses of…

A: Free cash flow = EBIT*(1-tax) + Deprication - capital expenditure - Increase in Working capital

Q: Callis Company reported net income after taxes of $140,000 for 2022. The income statement also…

A:

Q: The management of Bataan Corporation ask you to submit an analysis of the increase in their gross…

A: PARTICULAR 2020 2021       SALES 1,000,000 1,237,500 COST OF SALES 800,000 950,000 GROSS…

Q: Calculate the following ratios : Total Asset Turnover (TAT).   Debt Ratio (DR%).

A: Total Asset Turnover: This ratio is used by the investors to know the efficiency of companies using…

Q: The Harrison Bicycle Company had the following operating results for 2021-2022. In addition, the…

A: Cash flow statement is very important as it gives company a clear picture about its cash…

Q: EVA

A: Formula for calculating Economic value added (EVA) is: Operating income after tax less annual cost…

Q: Ayayai Ltd. had the following 2020 income statement data: Sales $205,600 Cost of goods sold 119,400…

A: The Cash Flow statement shows the flows of cash and cash equivalent during the period under report.…

Q: Barton Industries has operating income for the year of $3,100,000 and a 38% tax rate. Its total…

A: Given information: Operating income: $3,100,000 Tax : 38% Investment : $20,000,000 Cost of capital :…

Q: The management of Bataan Corporation ask you to submit an analysis of the increase in their gross…

A: The increase in sales price can be calculated by applying the cost % to sales revenue total.

Q: The management of Bataan Corporation ask you to submit an analysis of the increase in their gross…

A: Increase in gross profit = Change in profit / Base gross profit

Q: At the end of last year, Edwin Inc. reported the following income statement (in millions of…

A: An income statement is a statement that shows a company's income and costs. It also displays if a…

Q: For 2018, Gourmet Kitchen Products reported $22 million of sales and $19 millionof operating costs…

A: Economic value added is used to determine the financial position of the company based on its…

Q: If Going Merry Inc. has a net income of P 200,000 and a net sales of P 5,050,000 during 2020; and a…

A: Return on sales indicates how efficiently the company is converting revenue into profit. Higher rate…

Q: Tibbs Inc. had the following data for the most recent year: Net income = $300; Net operating profit…

A: Return on Invested capital is the return or net income after taxes earned on the invested capital…

Q: You are required to find out the Super profit of the business given that the normal rate of return…

A: Super Profit It  is the excess of estimated future profit than the normal profit. Super Profit =…

Q: The following information relates to Maine, Inc.:                         Total assets…

A: (Economic Value added)EVA=NOPAT - (Total assets - Current liabilities)*WACC

Q: Landvision Inc. had net income in 2020 for $120,000. Here are some of the extra financial ratios…

A: Return on Equity- Return on Equity can also be referred to as "Return on Net Assets." It calculates…

Q: How much free cash flow did the firm generate during the current year? Round your answer to the…

A: Information Provided: Tax rate = 35% Previous operating capital = $2100 Current operating capital =…

Q: Fragile Express Delivery Company’s earnings before interest and taxes (EBIT) was $725 million.…

A: NOPAT or net operating profit after taxes is calculated as EBIT less taxes on EBIT

Q: The management of Bataan corporation asked you to submit an analysis of the increase in their gross…

A: Variance:- When there is a difference in the budgeted amount and what actually produces or occur is…

Q: LMM Company’s total assets at the end of last year were P405,000 and its earnings before interest…

A: Total assets = P405,000 EBIT = P52,500

Q: In the year 2020, Metro Corporation expects an increase of 25% in cost of sales as compared to cost…

A: Note: Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: Please consider the following financial numbers for Carridine Company and then prepare answers to…

A: Net income is the income which is left with the company after paying off its expenses. Net income is…

Q: - XYZ Co its selected financial statements items are given as following. Total net sales equals to…

A: Formula and Meaning EBIDTA stands for Earnings before Interest, Depreciation, Tax expense and…

Q: The 2021 and 2020 balance sheets for Sunset Industries are provided below. The company’s sales for…

A: CALCULATION OF NET INCOME PARTICULARS CALCULATION AMOUNT ($) EBITDA= (15% of sales) 15% x…

Q: For the fiscal year 2020, AI Rawabi Company has a net profit of RO 150,000 and a return on capital…

A: The question is based on the concept of Accounting ratios.

Q: The management of Bataan corporation asked you to submit an analysis of the increase in their gross…

A: When there is an increase in sales of an organisation it maybe because of two reasons. First, there…

Q: For 2018, Gourmet Kitchen Products reported $23 million of sales and $18 million of operating costs…

A: EVA: It is the excess profit that a company generates over & above the expected returns of the…

Q: Barton Industries has operating income for the year of $3,500,000 and a 37% tax rate. Its total…

A: Economic Value Added (EVA) is a financial indicator that helps in determining the profitability of…

Q: For 2018, Bargain Basement Stores reported $11,500 of sales and $5,000 of operating costs (including…

A: Sales= $11,500 Operating Costs= $5,000 Invested Capital= $20,500 WACC= 8% Tax rate= 40% EVA=?

Q: At the end of last year, Edwin Inc. reported the following income statement (in millions of…

A: EBITDA = Net income + taxes + interest expense + depreciation & amortization.

Q: If for the most recent year, a firm's RNOA is 12.0%, its sales were $2,400,000, its asset turnover…

A: ROCE stands for "Return On Capital Employed". It is computed by dividing EBIT by the (total assets -…

Q: Milton, Inc. provides the following income statement for​ 2025:   Net Sales ​$240,000 Cost of Goods…

A: Ratio analysis: This is the quantitative analysis of financial statements of a business enterprise.…

Q: The following year-end data pertain to Adan Corporation: Earnings before interest and taxes 800,000…

A: EBIT = 800,000 Current asset = 800,000 Non current asset = 3200,000 Current liability = 400,000…

Q: If a company's sales are $650,000 in 2021, and this represents an 5% increase over sales in 2020,…

A: The sales in previous year can be calculated as current year sales minus the growth in sales of…

Q: Rollins Corp's total assets at the end of last year were $300,000 and its EBIT was $75,000. What was…

A: BEP is calculated as the ratio of Earnings Before Interest and Taxes to Total Assets

Q: For 2018, gourmet kitchen products reported $22 million of sales & $19 million of operating costs…

A: A concept that helps to evaluate the financial performance of a company by deducting the overall…

Q: Last year, Roswin Robotics have $5,000,000.00 in operating income (EBIT). Its depreciation expense…

A: Net Operating Working Capital = Operating Current Assets - Operating Current Liabilities Net Working…

Q: The profit or loss section of the statement of comprehensive income of ITS NOT OK TO BE OK Company…

A: Statement of cash flows is one of the financial statement which shows all cash inflows and cash…

Q: A firm’s annual revenues are $850,000. Its expenses for the year are $615,000, and it claims…

A: Tax:- It is the amount which one pays to the government of the country as per prescribed rates or…

Q: T&T Company's selected financial statements items are given as following. Total net sales equals to…

A: EBITDA refers to earnings before  interest, tax ,depreciation and amortization.  It shows the…

Q: At year-end 2020, RWD Inc.’s total assets were $1.2 million and its accounts payable were $375,000.…

A: Firm requires an additional funds to grow. Requirement of additional fund is depends on present…

Q: Northern Systems reported the following financlal data (in millions) In its annual report: 2018 2019…

A: Return on assets ratio = Net income / Average Assets Assets turnover ratio = Sales / Average Assets…

Q: Robbins Corporation reports the following information at December 31, 2020: Sales $15,000,000, Cash…

A: Gross Margin = Sales - Cost of Goods Sold

Q: The Harrison Bicycle Company had the following operating results for 2021-2022. In addition, the…

A: The value of equity is determined by deducting total liabilities from the total assets. The…

Q: Kristyle Company's net income last year was P40,000 and its interest expense was P8,000. Total…

A: Return on assets (ROA) refers to the evaluation of the profitability of the assets of a company.

Q: National Company's net income last year was P65,000 and its interest expense was P15,000. Total…

A: The return on total assets is calculated as net income divided by average total assets.