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  3. Study Set
    Managerial Accounting
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    Exam 11: Performance Evaluation and Decentralization
  5. Question
    Basically, EVA Is Residual Income with the Cost of Capital
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Basically, EVA Is Residual Income with the Cost of Capital

Question 41

Question 41

True/False

Basically, EVA is residual income with the cost of capital equal to the actual cost of capital for the firm (as opposed to some minimum rate of return desired by the company for other reasons).

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