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Economic Value Added Falconer Company had net (after-tax) income last year of $13,860,448 and total...

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Accounting

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Economic Value Added Falconer Company had net (after-tax) income last year of $13,860,448 and total capital employed of $111,754,000. Falconer's actual cost of capital was 119 Required: 1. Calculate the IVA for Falconer Company. Enter negative values as negative numbers, if required. Round your answer to the nearest dollar 2. Conceptual Connection is Falconer creating or destroying wealth Falconer is creating wealth Falconer is destroying wealth

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