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Carolina Corporation has an after-tax operating income of $3,220,000 and a 11% weighted-average cost of capital. Assets total $7,020,000 and current liabilities total $1,820,000. On
Carolina Corporation has an after-tax operating income of $3,220,000 and a 11% weighted-average cost of capital. Assets total $7,020,000 and current liabilities total $1,820,000. On the basis of this information, Carolina's economic value added is:
$2,247,600.
$2,648,000.
$3,792,000.
$4,192,400.
None of these.
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