Use the following data to compute the economic value added
Use the following data to compute the economic value added (EVA?) for Lyra Corporation. Assume a 10% cost of capital for the company.,
Adjusted Trial Balance ,
December 31, 2005 ,
Debit Credit ,
cash 30.000,00 ,
accounts receivable 33.200,00 ,
supplies 3.950,00 ,
prepaid insurance 2.600,00 ,
equipment 48.500,00 ,
ac.depreciation equipment 18.800,00 ,
accounts payable 3.500,00 ,
loans and notes payable 10.000,00 ,
salaries payable 1.650,00 ,
long term debt 8.700,00 ,
common stock 24.000,00 ,
retained earning 19.500,00 ,
dividens 6.000,00 ,
service revenue 70.300,00 ,
salary expense 25.850,00 ,
interest expense 1.850,00 ,
insurance expense 700,00 ,
depreciation expense equipment 900,00 ,
utilities expense 2.900,00 ,
total 156.450,00 156.450,00 ,
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