A USE of cash is interest payments received

Which of the following statements concerning Economic Value Added (EVA) is MOST correct?

A) Higher operating return on assets will result in lower EVA for a company with a debt ratio over 50%. B) A company with positive net income will have positive EVA. C) The higher the cost of capital, the higher the EVA, other things being held constant. D) EVA can be negative even if operating profits are positive.

A special warranty deed limits the warranty given out by the grantor to acts or omissions of the grantor

Indicate whether the statement is true or false