Answer:
<em>Value added:</em> 8,450,000
Explanation:
net sales 80,000,000
operating cost: <u> (52,000,000) </u>
EBT 28,000,000
tax expense:
28,000,000 x 40%<u> (11,200,000) </u>
Net income 16,800,000
<u>Assets: </u>83,500,000
cost of capital: 83,500,000 x 10% = 8,350,000
<em></em>
<em>Value added:</em>
16,800,000 - 8,350,000 = 8,450,000