Which of the Following Elements Is Not Used in the Calculation

question 22

Multiple Choice

Which of the following elements is not used in the calculation of economic value added for an investment centre?

• A)An investment centre's after-tax operating income.
• B)An investment centre's total assets.
• C)An investment centre's return on investment.
• D)An investment centre's current liabilities.
• E)A company's weighted-average cost of capital.

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Definitions:

Max Weber

A German sociologist, philosopher, and political economist, whose ideas profoundly influenced social theory and social research.

Positivist Critique

A critical perspective based on the belief that information derived from logical and mathematical treatments and reports of sensory experience is the exclusive source of all authoritative knowledge.

French Revolution

A period of radical social and political upheaval in France between 1789 and 1799, which resulted in the overthrow of the monarchy, establishment of a republic, and significant changes in the country's social structure.

Ameliorism

A philosophical stance promoting the belief that the world or society can be improved through human effort.