A furniture retailer has a beginning-of-year inventory (at cost) of $400,000; ending inventory (at cost) is $270,000 . Yearly purchases are $700,000 and transportation charges equal $5,700

Random fluctuations in business are usually caused by factors well within management's control

Indicate whether the statement is true or false

In 2012 Advantage Cable Inc. had $250,000 in invested capital, a WACC of 9.35%, EBIT of $75,000, and a tax rate of 30%. With this information please estimate the economic value added (EVA) for the firm

A) $29,125 B) $23,375 C) $52,500 D) There is not enough information to answer this question.