Write a paragraph explaining why, in the calculation of a companys EVA, noninterest-bearing current liabilities are subtracted

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Write a paragraph explaining why, in the calculation of a company’s EVA, noninterest-bearing current liabilities are subtracted from total assets to determine investment.

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Managerial Accounting

ISBN: 978-0470578797

4th edition

Authors: James Jiambalvo

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Question Posted: Sep 23, 2013 07:18 AM

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Write a paragraph explaining why, in the calculation of a companys EVA, noninterest-bearing current liabilities are subtracted

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Noninterestbearing current liabilities are subtracted because they are a fre...View the full answer

Managerial Accounting

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