You are presented with the following data for a company:

EBIT: $$800,000$

WACC: $15\%$

Total net operating capital $($operating capital$)$: $$4,000,000$

Tax rate: $20\%$

Shares outstanding: $10,000$

Stock price: $$25$

Total common equity: $$175,000$

Receivables: $$150,000$

Sales: $$2,500,000$

Dividends: $$44,000$

Accrued wages: $$45,000$

Using the relevant information, calculate the metrics$/$ratios below. Write out your equation$($s$)$ clearly and show your input$($s$).$

a$)(20$ Points$)$ Economic value added $($EVA$)$

b$)(15$ Points$)$ Days sales outstanding $($DSO$)$