Blanks 1-17 gives two options:

1) historical or market value?

2) net or gross?

3) total liabilities or shareholders equity?

4) statement of cash flows or balance sheet?

5) historical or expected future?

6)repurchase or sale?

7) dividends or interest?

8) will or will not?

9) does not change or changes?

10) can or cannot?

11) should or should not?

12) annual dollar cost of capital or percentage cost of capital?

13) net operating profit after taxes or net income?

14) investor supplied or shareholder supplied?

15) greater or less?

16) greater or less?

17) greater or less?

In contrast, when the term refers to the entire company, it means the total value of the as reported in the firm's company's Josh That makes sense. So, what makes this value important to investors is that it is value that can change-but only due to a couple of events, including the of Treasury stock, the sale of new common or preferred shares, and the payment of change in response to changes in the market Equally important, it prices of the firm's shares Mia Right! So, how useful would a firm's book value be for assessing the performance of Allied Biscuit's management? Josh Well, because Allied Biscuit's book value with changes in the market price of the firm's shares, the firm's book value reflect management's efforts to maximize the price of the firm's common stock and therefore be used to evaluate management's performance Now, what about "Economic Value Added"? Mia During the 1990s, the consulting firm Stern, Stewart & Company developed the concept of Economic Value Added, or EVA, to better assess management's performance in maximizing their shareholders' wealth