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"Education is the most powerful weapon which you can use to change the world”
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Financial Management

Financial Management

Q Significance of Economic Value Added

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Economic Value Added is significant as the same is utilized as a pointer of the profitability of the projects of the company. Thus, it serves as a management performance’s reflection. The concept behind Economic Value Added is that businesses happen to be profitable truly when wealth is created by them for their shareholders. Its measure is more than net income calculation. Several advantages are held by the calculation of economic