Find the economic value added is

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Question 1: If after-tax operating income is $3,220,000, the weighted-average cost of capital is 11%, total assets are $7,020,000, and total current liabilities are $1,820,000, the economic value added is:

Option 1: $2,247,600.

Option 2: $2,648,000.

Option 3: $3,792,000.

Option 4: $4,192,400.

Option 5: None of the answers is correct.

Reference no: EM132529389

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