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Which of the following defines Economic value added (EVA)? a. annual after-tax operating profit minus the total annual cost of capital. b. annual before-tax operating

Which of the following defines Economic value added (EVA)? a. annual after-tax operating profit minus the total annual cost of capital. b. annual before-tax operating profit minus the total annual cost of capital. c. annual after-tax operating profit plus the total annual cost of capital. d. annual before-tax operating profit plus the total annual cost of capital.

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