Economic Value Added (EVA)is

question 21

Multiple Choice

Economic Value Added (EVA) is:

• A) the difference between net income and the cost of goods sold.
• B) the difference between operating profit and the cost of funds.
• C) the difference between net income and the cost of funds.
• D) the difference between net operating profits after taxes and the cost of funds.
• E) none of the above

---

Definitions:

Reference groups

Groups that individuals compare themselves to for the purpose of evaluating their behaviors, attitudes, and values.

Primary groups

Small social groups characterized by close, personal, and enduring relationships, such as family or close friends.

Long-term

Pertaining to a prolonged period of time, often extending beyond what is usual or expected.

Intimate relationships

Deeply personal connections between individuals characterized by emotional attachment, love, trust, and ongoing personal interaction.