Current Attempt in Progress Your answer is partially correct. Pharoah Corporation recently announced a bonus plan to reward the manager of its most profitable division. The three divisional managers are to decide which performance measure will be used to evaluate profitability. Pharoah Corporation requires a 10% minimum return on investment. The following information is available for the year just ended. Division Ashton Drye Poole Divisional Operating Assets $960,000 880,000 530,000 Divisional Operating Income $111,360 106,480 66,780 Invested Capital $206,000 76,000 126,000 (c) Assume that Pharoah Corporation's weighted-average cost of capital is 8% and its tax rate is 25%. Calculate economic value added. (If the amount is negative then enter with a negative sign preceding the number, eg.-5,125 or parentheses, e.g. (5,1251) Economic Value Added Ashton $ Drye $ Poole Which division performed the best? Dryo e Textbook and Media