The financial measure,economic value added,evaluates income relative to the level of investment required.

Name: The financial measure,economic value added,evaluates income relative to the level of investment required.
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Economic value added (EVA) calculates the amount of profit a company generates in excess of its cost of capital, which is an indicator of how efficiently the company is utilizing its invested capital. Therefore, it evaluates income relative to the level of investment required.

The Financial Measure,economic Value Added,evaluates Income Relative to the Level