Question:
Carolina Corporation has an after-tax operating income of $3,300,000 and a 8% weighted-average cost of capital. Assets total $7,100,000 and current liabilities total $1,900,000. On the basis of this information, Carolina's economic value added is:
| |
| |
$2,884,000.
|
| |
$3,716,000.
|
| |
$4,020,000.
|
| |
None of these.
$2,580,000.
|