Here are data on two firms: Equity ($ million) Debt ($ million) ROC (%) Cost of Capital (%) Acme 120 80 16 11 Apex 510 190 14 12
Required:
a-1. Calculate the economic value added?
a-2. Which firm has the higher economic value added? multiple choice 1 Acme Apex b-1. Calculate the economic value added per dollar of invested capital?