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The Ferguson Company reported an adjusted net operating profit after taxes (NOPAT) of $54,000 in 2007. In this year the cost of capital was 14%

The Ferguson Company reported an adjusted net operating profit after taxes (NOPAT) of $54,000 in 2007. In this year the cost of capital was 14% and their adjusted investment was $121,500. The companys economic value added for 2007 was

A	$24,570
B	$9,450
C	$36,990
D	$71,010

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