Greshak International has the following data for the year
Greshak International has the following data for the year ending 12/31/11: Net income = 0; Net operating profit after taxes (NOPAT) = $500; Total assets = $2,500; Short-term investments = 0; Stockholders’ equity = $1,800; Total liabilities = $700; and Greshak’s total operating capital = $2,100. Greshak’s weighted average cost of capital (WACC) is 12%. What is its economic value added (EVA)? MAKE SURE YOU USE AT LEAST 4 DECIMAL PLACES WHERE APPLICABLE. YOU MUST TYPE IN ANSWER AND ALL OF YOUR WORK TO RECEIVE CREDIT.
