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For 2021, Bargain Basement Stores reported $13,000 of sales and $5,000 of operating costs (including depreciation). The company has $22,000 of total invested capital, the

For 2021, Bargain Basement Stores reported $13,000 of sales and $5,000 of operating costs (including depreciation). The company has $22,000 of total invested capital, the weighted average cost of that capital (the WACC) was 11%, and the federal-plus-state income tax rate was 25%. What was the firm's Economic Value Added (EVA), i.e., how much value did management add to stockholders' wealth during 2021?

a. $5,395.00
b. $3,580.00
c. $8,420.00
d. $4,185.00
e. $5,580.00

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