Question: Complete question This question has a value of 5 Marks A company has the following amounts budgeted for the coming year: Sales $28,160,000 Profit margin

Complete question

This question has a value of 5 Marks A company has the following amounts budgeted for the coming year: Sales $28,160,000 Profit margin 25% Average invested capital $32,000,000 Current tax rate 30% Weighted average cost of capital 20% Average trade creditors $8,000,000 Calculate the Economic Value Add (EVA) and enter your answer below - NOTE do NOT enter '$' sy Answer: 128000 Retake Use Photo

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