EVA stands for:
A)Economic Value of Assets
B)Economic Value Approach
C)Economic Value Added
D)Enhanced Value of Assets

Question

Quizplus · Accepted Answer

EVA stands for Economic Value Added, which is a measure of a company's financial performance that takes into account the cost of capital. It is calculated by subtracting the cost of capital from the net operating profit after taxes (NOPAT). EVA is used to determine whether a company is creating value for its shareholders or not.

EVA Stands For