Suppose that Funkhouser Corporation will hold its annual Board of Directors' meeting on February 20, 2021 and that you are a member of Funkhouser Corporation's management team that must present financial information about 2020's fiscal performance. Your team calculated the following values from Funkhouser Corporation's records for 2020 for the upcoming Board meeting:

• Net income = $1,500,000
• NOPAT = $2,000,000
• EVA = $1,000,000

TASK >> Your duty for the upcoming Board meeting will be to distinguish among the financial metrics above. Please write a narrative that --

1. defines each of the metrics above (that is, what the acronyms represent)
2. describes what each metric specifically measures about Funkhouser Corporation
3. indicate what financial decision might fall from using the "information content" of each of the financial metrics above.