Measuring Performance. Here are simplified financial statements for Watervan Corporation: INCOME STATEMENT (Figures in S millions)
Net sales 881
Cost of goods sold 741
Depreciation 31
Earnings before interest and taxes (EBIT) 109
Interest expense 12
Income before tax 97
Taxes 34
Net income 63
BALANCE SHEET (Figures in $ millions)
End of Year Start of Year
Assets
Current assets 369 312
Long-term assets 258 222
Total assets 627 534
Liabilities and shareholders' equity
Current liabilities 194 157
Long-term debt 108 121
Shareholders' equity325 256
Total liabilities and shareholders' equity 627 534
The company’s cost of capital is 8.5%.
a. Calculate Watervan’s economic value added (EVA).
b. What is the company’s return on capital? (Use start-of-year rather than average capital.)
c. What is its return on equity? (Use start-of-year rather than average equity.)
d. Is the company creating value for its shareholders?

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.

He following data come from the financial statements of riley company for the year ended march​ 31, 2017 ​(in millions). ​(click the icon to view the​ information.) requirements 1. prepare a cash flow statement for the year ended march​ 31, 2017. not all items given appear on the cash flow statement. 2. what activities provided the largest source of​ cash? is this a sign of financial strength or​ weakness? requirement 1. prepare a cash flow statement for the year ended march​ 31, 2017. not all items given appear on the cash flow statement. ​(use parentheses or a minus sign to show cash​ payments, cash​ outflows, and/or a net decrease in cash. if a box is not used in the statement of cash flow leave the box​ empty; do not select a label or enter a​ zero.) riley company statement of cash flows year ended march 31, 2017 millions cash flows from operating activities: net cash provided by (used for) operating activities