Start learning →

RONA is above the required minimum rate. What is EVA?

ANegative
BUndefined
CZero
DPositive
Answer & Solution
Correct answer: D. Positive
EVA equals (RONA - required minimum return) x net investments, so a higher RONA gives a positive result.
Practise this question with Quill — CA Final →

Keep practising Strategic Performance Measures

Browse all Strategic Performance Measures questions for CA Final, or explore more Cost and Management Accounting topics.

Start a Strategic Performance Measures lesson →
Related questions