What was RJS economic value added this year

Assignment Help Accounting Basics
Reference no: EM132697527

Problem - RJS generated $65,000 net income this year. The firm's financial statements also show that its interest expense was $40,000, its marginal tax rate was 35 percent, and its invested capital was $800,000. If its average cost of funds is 12 percent, what was RJS's economic value added (EVA) this year?

Reference no: EM132697527

Questions Cloud

Create value with the us based facility : In November 2018, Toyota and mazda apparently felt they would be better able to compete and create value with the U.S. based facility
Describe two psychological explanations of schizophrenia : Understanding Schizophrenia: Describe schizophrenia. Include the clinical characteristics and prevalence. Describe two psychological explanations of.
What is BBB economic value added for the current year : Backhaus Beer Brewers (BBB) just announced that the current fiscal year's net income was $1.2 million. What is BBB economic value added for the current year
Why do business need to focus on locals : 1. Why do businesses have to have a clear business purpose?
What was RJS economic value added this year : The firm's financial statements also show that its interest expense was $40,000, What was RJS economic value added this year
How do you see that their current mental makeup : Focus on how cultural differences have shaped these different areas of your selected individual. How do you see that their current mental makeup or how.
Prepare journal entries for beta ltd to record transactions : Prepare journal entries for Beta Ltd to record the above transactions. The same day, a prospectus was issued calling for applications for 500,000 ordinary share
What price range would you estimate its stock : If North/South's earnings per share equal $4, in what price range would you estimate its stock should be selling
Facial recognition is biometric software application : According to techopedia, facial recognition is a "biometric software application capable of uniquely identifying or verifying a person by comparing

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd