HHH Inc. reported $13,000 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. $2,713.80 b. $2,727.60 c. $2,686.20 d. $2,672.40 e. $2,700.00
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