What was hhh economic value added

Reference no: EM13275944

HHH Inc, reported 12,500 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 40%. What was HHH's Economic Value Added(EVA) i.e., how much value did management add to stockholders wealth during the year?

Reference no: EM13275944

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