___ is the after-tax cash flow generated by a business minus the cost of the capital it has deployed to generate that cash flow.
A. EVA
B. GAAP
C. AICPA
D. None of the above
Detail:
Economic value added (EVA) is a measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit, adjusted for taxes on a cash basis.
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