Calculate the net roi and eva

Assignment Help Finance Basics

Reference no: EM13241231

The Modern Language Corporation earned $1.6 million on net assets of $20 million. The cost of capital is 11.5%. Calculate the net ROI and EVA. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter "EVA" answer in millions rounded to 1 decimal place.)
ROI = ? I have come up with -3.75/rounded to -4 and the answer is wrong. Can you help me with this one please?

EVA = $-0.7 million

Reference no: EM13241231

Questions Cloud

Level of measurement : The number of loads of laundry washed per month was tracked for women and men living in college dorms.

What are the chances of 8 girls sitting at one table when : If I have 3 tables in the classroom with 16 girls and 8 boys in the class, what are the chances of 8 girls sitting at one table when seats are assigned randomly?

What sample size would be needed to obtain an error : A sample of 20 pages was taken without replacement from the 1,591-page phone directory Ameritech Pages Plus Yellow Pages. On each page, the mean area devoted to display ads was measured

Degrees of freedom for the chi-square hypothesis tests : How are the degrees of freedom for the chi-square hypothesis tests different from those of most other hypothesis tests? In most previous hypothesis tests, the degrees of freedom have been based on sample size.

Calculate the net roi and eva : The Modern Language Corporation earned $1.6 million on net assets of $20 million

Popcorn kernels take between 100 and 200 seconds to pop : Popcorn kernels take between 100 and 200 seconds to pop. What sample size (number of kernels) would be needed to estimate the true mean seconds to pop with and error of 5 seconds and 95% confidence level?

Explain the newtons second law : According to the universal law of gravitation the gravitational force on a small mass at the surface of the Earth is proportional to the product of the mass and the mass of the Earth and inversely proportional to the square of the distance between..

Middle ground between separatism and integration : Do you think that there is a middle ground between separatism and integration? Do you think that it is possible for a race to coexist with the very culture that oppressed it and at the same time free itself from the perjuries, slander, stereotypes, a..

Why might this sample not be typical : Biting an unpopped kernel of popcorn hurts! As an experiment, a self-confessed connoisseur of cheap popcorn carefully counted 773 kernels and put them in a popper.

User Account

All Pages