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i am having problem understanding tadjustment of nopat for eva, what should be the treatment.
Data
Sales revenue 700
Less:
Cost of sales (200)
Goodwill written off (50)
R & D expenditure (80)
Advertisement expenditure (20)
depreciation (60)
interest (10)
profit before tax after interest 280
tax (30%) (84)
Net profit 196
i am confused on the adjustments of the nopat for eva calculation
EVA has been removed from the syllabus for Paper AFM.
