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Calculating Economic Value Added East Mullett Manufacturing earned operating income last year as shown in the following income statement: Total capital employed equaled $401,000. East

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Calculating Economic Value Added East Mullett Manufacturing earned operating income last year as shown in the following income statement: Total capital employed equaled $401,000. East Mullett's actual cost of capital is 8 percent. Required: Calculate the EVA for East Mullett Manufacturing

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