Figure 5 The Following Results for the Year Are for the Candy

Multiple Choice

Figure 5
The following results for the year are for the Candy Division of Art Enterprises:
Average operating assets are £1,200,000. The firm's minimum required rate of return is 5 percent. The tax rate for the firm is 40 percent.
-Refer to Figure 5 above. If the weighted average cost of capital is 6 percent, economic value added for the Candy Division is

A) £42,000
B) £114,000
C) £190,000
D) £360,000