Rattner has 500,000 common shares outstanding, and the common stock amount on the balance sheet is $5 million. The company has not issued or repurchased common stock during the year. Last year’s...

Rattner has 500,000 common shares outstanding, and the common stock amount on the balance sheet is $5 million. The company has not issued or repurchased common stock during the year. Last year’s balance in retained earnings was $11.2 million, and the firm paid out dividends of $1.2 million during the year. Develop Rattner’s end-ofyear statement of stockholders’ equity. f. If the firm’s stock price at year-end is $52, what is the firm’s market value added (MVA)? g. If the firm’s after-tax percentage cost of capital is 9%, what is the firm’s EVA at year-end?