To Calculate Economic Value Added,several Adjustments Are Made to After

question 21

Multiple Choice

To calculate economic value added,several adjustments are made to after tax operating profit that include ________ and ________.

• A) the use of LIFO inventory valuation; capitalization of research and development costs
• B) taxes paid rather than tax expense; capitalization of research and development costs
• C) the use of average cost inventory valuation; current costs of fixed assets
• D) the use of LIFO inventory valuation; current costs of fixed assets

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