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Profit before taxes is $1,000, invested capital is $3,500, current assets are $750, current liabilities are $500, WACC is 10%, and the tax rate is
Profit before taxes is $1,000, invested capital is $3,500, current assets are $750, current liabilities are $500, WACC is 10%, and the tax rate is 30%. Compute the Economic Value Added (EVA).
Group of answer choices
$700
$650
$425
$400
$350
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