What is spencer economic value added

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Reference no: EM131360857

Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $800; Total assets = $5,000; Short-term investments = $500; Stockholders equity = $3,000; Debt = $2,000; and Total net operating capital = $3200. Spencer’s cost of capital is 10%.

What is Spencer's Economic value added (EVA)?

A. $250

B. $300

C. $350

D. $375

E. $480

Reference no: EM131360857

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