What is its economic value added

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Spencer Inc has the following information for the current year: Net income=$600; Net operating profit after taxes (NOPAT) = $600; Total assests = $4,000; short term investments = $500; stockholders equity =$2000; debt=$1000; and total net operating capital =$2500. If spencer's cost of capital is $10%, what is its Economic value added (EVA)?

Reference no: EM131010950

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