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Determine the Economic Value Added (EVA) for Purple Monkey Incorporated based on the information below: Sales $20,000 Operating Costs $5,000 Depreciation $1,000 Earnings before Interest

Determine the Economic Value Added (EVA) for Purple Monkey Incorporated based on the information below:

Sales $20,000

Operating Costs $5,000

Depreciation $1,000

Earnings before Interest and Taxes (EBIT) $14,000

WACC 8.00%

Tax Rate 40%

Investor-supplied capital

1.$20,000

2. $8,400

3. $12,880

4.$6,800

5.$1,600

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