eBook Economic Value Added Print Item Falconer Company had net (after-tax) income last year of $14,850,480 and total capital employed of $128,517,100. Falconer's actual cost of capital was 11%. Required: 1. Calculate the EVA for Falconer Company. Enter negative values as negative numbers, if required. Round your answer to the nearest dollar 2. Conceptual Connection: Is Falconer creating or destroying wealth? Falconer is creating wealth Feedback Check My Work 1. EVA After-Tax Operating Income (Actual Percentage Cost of Capital x Total Capital Employed) 2. If EVA is positive, then the company has increased its wealth during the period. If EVA is negative, and then the company has decreased its wealth during the period. Check My Work All work saved Save and Call Previous Next Sum Agent for Grading