please define the "economic value added - eVA"
glossary FAQ: glossary.
T. Mclaughlin from Luxembourg
25 October, 2009
"economic value added - eVA " is A measure of a company's financial performance based on the residual wealth calculated by deducting cost of capital from its operating profit (adjusted for taxes on a cash basis). (Also referred to as "economic profit".)
The formula for calculating EVA is as follows:
= Net Operating Profit After Taxes (NOPAT) - (Capital * Cost of Capital)
This measure was devised by Stern Stewart & Co. Economic value added attempts to capture the true economic profit of a company. Visit FXCM
Will you recommend me of a forex site that's known for its suitable for novices?
platform FAQ: beginners.
Bridget O. From Schaan, Liechtenstein
28 October, 2008
We recommend you to explore "Finexo Ltd." - they give links to appropriate guides for first-timers, with simple instructions and dialog boxes. You can totally enjoy reading them. Visit Finexo Ltd.
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