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On seeing the report of Company A, we found that the EVA rises 224% to Rs.71 Crore whereas Company B's EVA rises 50% to 548
On seeing the report of Company A, we found that the "EVA rises 224% to Rs.71 Crore" whereas Company B's "EVA rises 50% to 548 crore".
a. Define EVA, and discuss its significance. (5 Marks)
b. Comparatively analyze EVA in relation with measures like EPS or ROE? Is EVA suitable in Indian Context? (5 Marks)
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