Income Statement for the year ended December 31, 2019

Net Sales
Cost of sales
R&D
Sales and Marketing
Other Expenses
Depreciation
Operating Earnings
Interest paid

Pre-tax profit

Taxes (34%)
Net Income

Balance Sheet as of December 31, 2019

Assets
Cash and cash equivalents
Accounts Receivable
Inventories
Property, plant and equipment-gross
Other fixed assets
Total Assets
Liabilities and Shareholders' Equity
Accounts payable
Debt
Total Liabilities
Shareholders' Equity including other equity
Total Liabilities and Shareholders' Equity

tax rate of
Weighted average cost of Capital is
=
($000s) EVA=
200,000 NOPAT – (WACC * capital Employed)
100,000
30,000 NOPAT = Net Operating Profits After Tax
20,000
20,000
10,000
20,000 WACC = Weighted Average Cost of Capital
7,200
Capital invested = Equity + long-term
12,800
debt at the beginning of the period
4352
8448
EVA

10,000
20,000
10,000
50,000
85,000
175,000

15,000
80,000
95,000
80,000
175,000

34%
9.79%
yed)

= Profit after tax + ( Interest *(1-Tax Rate))

= 8448 + (7200 *(1-34%))
13200

9.79%

=80000+80000
160,000

NOPAT – (WACC * capital Employed)

=13200 - (9.79% *160000)
-2464