Iapter $03$

EVA For $2012,$ Everyday Electronics reported $$1,000,000$ of sales and $$700,000$ of operating costs $($including depreciation$).$ The company has $$1,500,000$ of investorsupplied operating capital. Its weighted average cost of capital is $9\mathrm{.}00\%$ and its federal$-$plus$-$state income tax rate was $31\mathrm{.}00\%.$ What was the firm's Economic Value Added $($EVA$),$ that is$,$ how much value did management add to stockholders' wealth during $2012?$

$$300,000$

$$72,000$

$-$$$1,200,000$

$$207,000$

$$165,000$

$$135,000$