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EVA For 2012, Everyday Electronics reported $2,100,000 of sales and $1,470,000 of operating costs (including depreciation). The company has $3,150,000 of investor-supplied operating capital. Its
EVA For 2012, Everyday Electronics reported $2,100,000 of sales and $1,470,000 of operating costs (including depreciation). The company has $3,150,000 of investor-supplied operating capital. Its weighted average cost of capital is 10.10% and its federal-plus-state income tax rate was 32.10%. What was the firms Economic Value Added (EVA), that is, how much value did management add to stockholders wealth during 2012?
options:
A -$2,520,000
B $318,150
C $630,000
D $109,620
E $427,770
F $311,850
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