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solve handwriting please not as just calculator 3-11 EVA For 2021, Gourmet Kitchen Products reported $22million of sales and $19million of operating costs (including depreciation).

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3-11 EVA For 2021, Gourmet Kitchen Products reported $22million of sales and $19million of operating costs (including depreciation). The com- pany has $15million of total invested capital. Its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 25%. What was the firm's economic value added (EVA), that is, how much value did manage- ment add to stockholders' wealth during 2021

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