Barnesrsquo brothers has the following data for the year


Barnes’ Brothers has the following data for the year ending 12/31/10: Net income = $600; Net operating profit after taxes (NOPAT) = $700; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,100. Barnes' weighted average cost of capital is 10%. What is its economic value added (EVA)?

Select one:

a. $420.11

b. $465.50

c. $442.23

d. $490.00

e. $399.11

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Financial Management: Barnesrsquo brothers has the following data for the year
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