Question: Question 1 6 EVA For 2 0 1 2 , Everyday Electronics reported $ 1 , 7 0 0 , 0 0 0 of sales

Question 16 EVA For 2012, Everyday Electronics reported $1,700,000 of sales and $1,190,000 of operating costs (including depreciation). The company has $2,550,000 of investor-supplied operating capital. Its weighted average cost of capital is 9.70% and its federal-plus-state income tax rate was 31.70%. What was the firms Economic Value Added (EVA), that is, how much value did management add to stockholders wealth during 2012?

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