Which one of the following is the correct formula for EVA? a. Net operating profit before tax

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Which one of the following is the correct formula for EVA®?
a. Net operating profit before tax – (Cost of capital × Invested capital)
b. Net operating profit after tax – (Cost of capital × Invested capital)
c. Net operating profit after tax – (Cost of capital × Total assets)
d. Net operating profit before tax – (Cost of capital × Total assets)

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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