Explain why companies regard economic value added as a useful tool for assessing managerial performance.

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Management Accounting

ISBN: 978-0273701996

4th Edition

Authors: Pauline Weetman

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Question Posted: Feb 05, 2024 11:00 PM

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Explain why companies regard economic value added as a useful tool for assessing managerial performance.
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Explain why companies regard economic value added as a useful tool for assessing managerial performance.

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Economic Value Added EVA is a measure of a companys financial performance based on the residual wealth calculated by deducting the cost of capital fro...View the full answer

Management Accounting

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