Which of the following statements regarding economic value added are true

A. Firm's profitability cannot be ascertained solely on the basis of its net profit

B. EVA measures the value created by the company when the required rate of return for creditors has been taken into account

C. According to EVA, firms pretax profit must exceed the required rate of return of the book value of equity for the firm to be profitable

D. EVA is independent of the capital that has been invested into the firm