Question: TSW Inc. reported $ 1 1 , 7 5 0 of sales and $ 7 , 6 5 0 of operating costs ( including depreciation

TSW Inc. reported $11,750 of sales and $7,650 of operating costs (including depreciation). The company had $18,000 of investor-supplied operating assets (or capital), the weighted average cost of that capital (the WACC) was 8.0%, and the federal-plus-state income tax rate was 25%. What was TSW's Economic Value Added (EVA), i.e., how much value did management add to stockholders' wealth during the year?
a. $7,372.50
b. $4,515.00
c. $2,465.00
d. $1,440.00
e. $1,635.00

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