Which of the Following Statements Is Correct?
A) MVA Gives $\times$

Which of the following statements is correct?

A) MVA gives us an idea about how much value a firm's management has added during the last year.
B) MVA stands for market value added, and it is defined as follows:
MVA = (Shares outstanding) $\times$ (Stock price) + Book value of common equity
C) EVA stands for economic value added, and it is defined as follows:
EVA = (Operating capita) $\times$ (ROIC - WACC)
D) EVA gives us an idea about how much value a firm's management has added over the firm's life.