Economic value added is equal to ________.
◦ After-tax operating income - [Weighted-average cost of capital + (Total assets - Current liabilities)]
◦ Pre-tax operating income - [Weighted-average cost of capital + (Total assets - Current liabilities)]
◦ After-tax operating income - [Weighted-average cost of capital × (Total assets - Current liabilities)]
◦ Pre-tax operating income - [Weighted-average cost of capital × (Total assets - Current liabilities)]