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HHH IncReported $12, 500 of Sales and $7, 025 of Operating

question 47

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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?


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