For 2015,Bargain Basement Stores reported $11,500 of sales and $5,000 of operating costs (including depreciation).The company has $20,500 of total invested capital,the weighted average cost of that capital (the WACC)was 14%,and the federal-plus-state income tax rate was 40%.What was the firm's Economic Value Added (EVA),i.e. ,how much value did management add to stockholders' wealth during 2014?

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The Answer of For 2015,Bargain Basement Stores reported $11,500 of sales and $5,000 of operating costs (including depreciation).The company has $20,500 of total invested capital,the weighted average cost of that capital (the WACC)was 14%,and the federal-plus-state income tax rate was 40%.What was the firm's Economic Value Added (EVA),i.e. ,how much value did management add to stockholders' wealth during 2014?

For 2015,Bargain Basement Stores Reported $11,500 of Sales and $5,000