Which of the given defines economic value added

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Question: Which of the following defines Economic value added (EVA)?

a. annual after-tax operating profit minus the total annual cost of capital.

b. annual before-tax operating profit minus the total annual cost of capital.

c. annual after-tax operating profit plus the total annual cost of capital.

d. annual before-tax operating profit plus the total annual cost of capital.

Reference no: EM131763836

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