Module 6 Discussion 5 - As a CFO, you are evaluating the performance

Question # 00794420 Posted By: dr.tony Updated on: 02/16/2021 01:30 PM Due on: 02/16/2021
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Module 6 Discussion 5

As a CFO, you are evaluating the performance of three divisions of your company using both measures—Return on Investment (ROI; %) and Economic Value Added (EVA; $). Note that ROI is measured by dividing net income by the total capital employed.

Explain the difference between ROI and EVA as a performance measure, other than their units (% vs. $). If in a given year a division has a positive ROI but a negative EVA, what would that mean? Explain also why that would happen.

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