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= Cute Cakes has the following data for the year ending 12/31/12: Net income = $675; Net operating profit after taxes (NOPAT) - $825; Total

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= Cute Cakes has the following data for the year ending 12/31/12: Net income = $675; Net operating profit after taxes (NOPAT) - $825; Total assets = $2,650; Short-term investments = $200; Stockholders' equity = $1,900; Total debt = $750; and Total operating capital = $2,250. The company's weighted average cost of capital is 9.76%. What is its economic value added (EVA)? $416.36 $605.40 $566.36 -$69.60 $455.40

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