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ABC Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,027; Total assets =
ABC Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,027; Total assets = $3,000; Short-term investments = $200; Total capital employed = $2,394; and tax rate = 30%. The companys WACC is 10.1%. What was its Economic Value Added (EVA) for the year 2020? Round your answer to the nearest dollar.
Group of answer choices
$469
$477
$483
$480
$472
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