Economic value added (EVA®) is computed as:
A) net income before taxes + long-term debt + interest expense.
B) net income before taxes + interest expense - capital charge.
C) net income before taxes - interest expense + capital charge.
D) net income before taxes - long-term debt + interest expense.
B
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The gross profit percentage for Smith Clothing Retailer was 37.7% for the year ended December 31, 2016 and 42.5% for the year ended December 31, 2017. The industry average gross profit percentage, for both years, is 45.7%
Briefly discuss these findings. What will be an ideal response
Edna stopped paying premiums on her permanent life insurance policy 7 years ago, though she never surrendered it. She is still insurable and has no outstanding loan against the policy. The company will probably decline to reinstate the policy because the time limit for reinstatement has expired. The limit is
A) 60 to 90 days B) 1 year C) 3 years D) 6 months to 18 months"