Barnes’ Brothers has the following data for the year ending…
Barnes’ Brothers has the following data for the year ending 12/31/2023: Net income = $600; Net operating profit after taxes (NOPAT) = $600; Total assets = $2,500; Short-term investments = $200; Stockholders’ equity = $1,800; Total debt = $700; and Total operating capital = $2,000. Barnes’ weighted average cost of capital is 10%. What is its economic value added (EVA)?