Which of the following defines economic value added eva a, Accounting Basics

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Which of the following defines economic value added eva a

Question: Which of the following defines Economic value added (EVA)?

a. annual after-tax operating profit minus the total annual cost of capital.

b. annual before-tax operating profit minus the total annual cost of capital.

c. annual after-tax operating profit plus the total annual cost of capital.

d. annual before-tax operating profit plus the total annual cost of capital.

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