Book Title: Foundations of Economic Value Added
Authors: James L. Grant -2nd Edition
An updated look at the role of economic profit analysis in the process of wealth creation
Grant explains the pivotal role of economic value added (EVA) in the theory of finance, how to measure EVA with standard accounting adjustments, how to use EVA to value companies and their stock, and how to use economic profit principles to identify wealth-creating firms, industries, and even market economies.
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