Economic Value Added (EVA) is a common and practical instrument, used by managers to measure the quality management performance of the company. In the case of Top lGlove Group, for the year 2019 and 2'320 respectively, the riskfree rate was 3.5% in both years with market interest rate of 5.5% and 8.0% per annum, with stable market outlook. The Group borrowings cost on average for both of the years, was 5.5% per annum. Assume that the corporation tax is maintained at 25 percent and ignore the assumptions made on profit and cash flow levels of the company. Study the financial statements of Top Glove (see Appendix C) and answer the following questions; Required: a. Determine the total invested capital, and the weighted average cost of capital WACC) of Top Glove for 2019 8: 2020 respectively including the EVA of the company. (15 marks) b. Using EVA to measure the effectiveness of the company's performance for the year ended, what do you think has been the performance of this company. What would he the strategies that can be adopted to improve the performance of its EVA? (10 marks) Note: Use Operating Methodology to calculate the total invested capital