Multiple Choice
Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $500; Total assets = $4,000; Short-term investments = $500; Stockholders equity = $2,000; Debt = $1,000; and Total net operating capital = $2500. If Spencer's cost of capital is 10%, what is its Economic value added (EVA) ?
A) $250
B) $300
C) $350
D) $375
E) $400
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Last year Aldrin Co. had negative net
Q15: Garfield Industries is expanding its operations throughout
Q16: A corporation can earn 7.5 percent if
Q17: The annual report contains four basic financial
Q18: In order to accurately estimate cash flow
Q20: Net operating working capital is equal to
Q21: A corporate bond currently yields 8.5 percent.
Q22: A bond issued by the State of
Q24: Which of the following are likely to
Q93: A loss incurred by a corporation<br>A)Must be