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40 HHH Inc. reported $14,750 of sales and $7,025 of operating costs (including depreciation). The...

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Finance

40 HHH Inc. reported $14,750 of sales and $7,025 of operating costs (including depreciation). The company had $18,750 of investor-supplied operating assets (or capital), the weighted average cost of that capital (the WACC) was 9.5%, and the federal-plus-state income tax rate was 25%. What was HHH's Economic Value Added (EVA), i.e., how much value did management add to stockholders' wealth during the year? Select the correct answer. a. $4,034.90 b. $4,012.50 c. $4,001.30 d. $4,023.70 e. $3,990.10

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