Economic Value Added (EVA) is a measure of performance evaluation which is similar to Residual...
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Accounting
Economic Value Added (EVA) is a measure of performance evaluation which is similar to Residual Income (RI) expect
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It focuses manager attention on internal assessment of performance
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It only considers depreciation in the calculation (as an adjustment)
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Return on Investment (ROI) is involved in the calculation
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It includes certain accounting adjustments in the calculation
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It considers all accounting adjustment except depreciation
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