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Video of Economic Value Added EVA in Costs Accounting course by Farhat Lectures. The # 1 CPA & Accounting Courses channel, video No. 42 free certified online
IN this video, I discuss economic value added. Economic value added (EVA) is a measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit, adjusted for taxes on a cash basis. In corporate finance, as part of fundamental analysis, economic value added is an estimate of a firm's economic profit, or the value created in excess of the required return of the company's shareholders
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