Time Remaining: 1. (TCO G) Which of the following statements is correct? One way to increase EVA is to
achieve the same level of operating income but with more investor-supplied capital. If a firm reports positive net income, its EVA must also be positive One drawback of EVA as a performance measure is that it mistakenly assumes that equity capital is free. One way to increase EVA is to generate the same level of operating income but with less investor-supplied capital. Actions that increase reported net income will always increase net cash flow
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