Homework Answers
Economic Value Added = NOPAT - Cost of Capital * Invested Capital
NOPAT(Net Operating Profit After Taxes)= ROA * Total Assets
NOPAT = $106.65 millions
Economic Value Added = 106.65 - 0.084 * 1350
Economic Value Added = -$6.75 millions
As Economic Value Added is -$6.75 millions(negative) company is not adding value for it's shareholders.
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