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Cenage Enterprises has operating income for the year of $23,6250,000 and a 30% tax rate. Its total invested capital is $34,300,000 and its after-tax cost

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Cenage Enterprises has operating income for the year of $23,6250,000 and a 30% tax rate. Its total invested capital is $34,300,000 and its after-tax cost of capital is 18%. What is the firm's EVA(economic value added)? $13,412,500 $913,500 $17,451,000 $16,537,500 $10,363,500

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