For 2019, Gourmet Kitchen Products reported $22.5 million of sales and $17 million of operating costs (including depreciation). The company has $15 million of total invested capital. Its after-tax cost of capital is 10% and its federal-plus-state income tax rate was 25%. What was the firm's economic value added (EVA), that is, how much value did management add to stockholders' wealth during 2019? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary.

Answer: $2,625,000

Explanation:

From the question, we are told that

Gourmet Kitchen Products reported $22.5 million of sales and $17 million of operating costs which included depreciation and that the company has $15 million of total invested capital. We were also given the after-tax cost of capital as 10% and the federal-plus-state income tax rate as 25%.

The economic value added will be the difference between the net operating profit after taxes and the invested capital which will then be multiplied by the cost of capital. This can be written as:

= ($22,500,000 - $17,000,000) × (1 - 25%) - ($15,000,000 × 10%]

= ($5,500,000 × 0.75) - ($1,500,000)

= $4,125,000 - $1,500,000

= $2,625,000

The firm's firm's economic value added (EVA) will be $2,625,000

Laura’s husband died in a car accident. When she turns 67, she will receive her husband’s __1___. Her children will also receive the same until they ___2___ .
1. 401k account
social security benefits
certificate of deposit
2. gradute from high school
retire
become employed
this is on plato
i will give brainliest

Has two products. financial data for both the products​ follow: le cadre la bougie units sold ​2,200 units 600 units sales price per unit ​$500 ​$1,200 variable manufacturing cost per unit 320 750 sales commission​ (% of​ sales) ​7% ​4% verge has two sales representativeslong dash rosemary wilson and maria blanco. each representative sold a total of​ 1,400 units during the month of march. rosemary had a sales mix of​ 60% le cadre and​ 40% la bougie. maria had a sales mix of​ 80% le cadre and​ 20% la bougie. based on the above​ information, calculate​ rosemary's total contribution to company profits.

WILL MARK BRAINLIEST
Does my signature have to be my name? Example, Instead of using my first and last name, i use 'lettuce'.

Please put how or where u got ur information.

(this is for a class discussion)