In Calculating EVA, Invested Capital Is the Company's Total Assets

question 64

True/False

In calculating EVA, invested capital is the company's total assets minus its total liabilities.

---

Definitions:

Collectively Naturalized

Refers to the process by which a group of people are granted citizenship simultaneously, as opposed to the individual naturalization process; typically occurs following territorial or geopolitical changes.

Congress

The legislative body of the United States government, consisting of two houses: the Senate and the House of Representatives.

Equal Rights Amendment

A proposed amendment to the United States Constitution aimed at guaranteeing equal legal rights for all American citizens regardless of sex.

Ratified

Officially approved or sanctioned, often used in the context of treaties, amendments, or agreements being formally confirmed.