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Economic Value Added Falconer Company had net (after-tax) income last year of $12,994,170 and total capital employed of $126,282,020. Falconer's actual cost of capital was

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Economic Value Added Falconer Company had net (after-tax) income last year of $12,994,170 and total capital employed of $126,282,020. Falconer's actual cost of capital was 12% 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

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