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EVA For 2012, Everyday Electronics reported $3,600,000 of sales and $2,520,000 of operating costs (including depreciation). The company has $5,400,000 of investor- supplied operating capital.

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EVA For 2012, Everyday Electronics reported $3,600,000 of sales and $2,520,000 of operating costs (including depreciation). The company has $5,400,000 of investor- supplied operating capital. Its weighted average cost of capital is 11.60% and its federal-plus-state income tax rate was 33.60%. What was the firm's Economic Value Added (EVA), that is, how much value did management add to stockholders' wealth during 2012? $717,120 $90,720 $1,080,000 $453,600 $626,400 -$4,320,000

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