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Falconer Company had net (after-tax) income last year of $12,375,400 and total capital employed of $111,754,000. Falconers actual cost of capital was 9%. 1: Calculate

Falconer Company had net (after-tax) income last year of $12,375,400 and total capital employed of $111,754,000. Falconers actual cost of capital was 9%.

1: Calculate the EVA for Falconer Company.

2: Is Falconer creating or destroying wealth?

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