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Sagot :
Economic Value Added (EVA)is a mean of evaluating corporate performance --- True
EVA measures the performance of a company and its management based on the idea that a company can only make a profit if it creates wealth and returns to its shareholders. will be required. EVA as a performance indicator is very useful.
What is the performance of EVA?
Economic value added (EVA) is a measure of a company's economic performance based on what is added to the company's value by its operating income (excluding taxes) less the company's "cost of capital". The EVA concept was introduced by his management consulting firm Stern Stewart in the 1980s.
Why is EVA with economic value important?
EVA is a key indicator of the value your business is creating. This can improve profits generated by lowering capital costs or increasing revenues.
Learn more about economic value added :
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