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In Much the Same Fashion as the Claim "You Can

question 5

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In much the same fashion as the claim "you can never be too rich", when developing a WBS, one can never have too much detail in planning activities.


Definitions:

Times Interest

A financial ratio that measures a company's ability to meet its interest payments based on current earnings. Often referred to as the interest coverage ratio.

Stock Market

A public market for the trading of company stock and derivatives at agreed upon prices.

Economic Value Added

A measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit.

Residual Income

Another term for economic value added (EVA).

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