Solve the Economic Value Add (EVA) for Company XYZ. The firm's ROA is 14%. It's quick ratio is 1.7. The risk-free rate is 3%. It's cost of debt is 5%. It's cost of equity is 8%. It's WACC is 7%. It's D/E ratio is above industry average. The tax rate is 35%. It has $7.8Million in invested capital, and a market capitalization of $17.5Million. It is a Canadian Firm.

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