It is also known as economic profit for its attempts to capture the true economic profit of a company.a.Economic Value Addedb.Weighted Average Cost of Capitalc.Weighted Average Cost of Assetsd.Ergonomic Value Added

It is the measure of a company`s financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit, adjusted for taxes on a cash basis.a.Weighted Average Cost of Capitalb.Weighted Average Cost of Assetsc.Economic Value Addedd.Ergonomic Value Added

It is a measure of performance of a company that focuses more on wealth or value creation for the shareholders rather than just accounting for profits.a.Weighted Average Cost of Capitalb.Weighted Average Cost of Contributionc.Economic Value Addedd.Rate of Return

1-2 Economic profit​a.is a theoretical measure of a firm’s performance and has little value in real world decision making.​b.can be calculated by subtracting implicit costs of using owner-supplied resources from the firm’s total revenue.​c.is negative when total costs exceed total revenues.​d.is generally larger than accounting profit. ​

Economic Value Added (EVA) is a measure of:a.The total value of a company's assetsb.The profitability of a company's operationsc.The difference between a company's total revenue and total expensesd.The value created by a company above its required return on investment

In financial valuation, EVA means __________________.a.Ergonomic Value Addedb.Economic value of assetsc.Economist Valuation of Assetsd.Economic Value Added