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Assume ABC Electronics had $50,000,000 in sales and $40,000,000 of operating costs (including depreciation). The company had $10,000,000 of operating capital supplied by investors. Its

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Assume ABC Electronics had $50,000,000 in sales and $40,000,000 of operating costs (including depreciation). The company had $10,000,000 of operating capital supplied by investors. Its weighted average cost of capital cost of financing) was 10%, and the tax rate was 30%. What was the firm's Economic Value Added (EVA) for the year? $9,000,000 O $10,000,000 O $6,000,000 $2,000,000

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