Strengths, weaknesses and uses of the Economic Value Added Essay

Strengths, weaknesses and uses of the Economic Value Added - Essay Example Economic Value Added (EVA) model also referred to as economic profit refers to the value created above the shareholders investment. Basically, shareholders and other investors are more interested in EVA since it depicts the actual returns that a company makes after the cost of financing the company’s capital is deducted. In order to obtain the economic profits, the cost of capital must be less than the return on the firm’s capital employed. This paper candidly evaluates the uses of Economic Value Added model in a business as well as its strengths and weaknesses.Uses of EVAÃ'ŽEVA is obtained by subtracting the cost of capital from Net Operating Profit After Tax (NOPAT).In this regard, Al Ehrbar (2008) depicts that it is a useful tool for measuring the extent to which value has been lost or added on the business performance. After accounting for the various aspects covered by the balance sheet, EVA indicates the amount of the residual income. There are various factors th at cause an increase of EVA. First, if capital employed does not increase and the NOPAT increases. Secondly, EVA increases if the additional capital invested generates more returns than the cost of capital. EVA can also increase if the capital that was earlier invested in a business is divested if it fails to cover the cost of capital used by a business.

The Historical Value of Turgenev's Fathers and Sons with Gogol's Essay

The Historical Value of Turgenev's Fathers and Sons with Gogol's Inspector General - Essay Example This essay analyzes the Russian history presented in the â€Å"Fathers and sons† by Turgenev and â€Å"Inspector general† by Gogol, that both have outlined historical issues in Russian society in a similar way. The two books have also been contrasted through the characters, themes and the historical allusions. In the novel â€Å"Fathers and sons,† the author shows the difference between two generations of life. During this time, there were cultural differences between the liberals and the growing nihilist uprising. In the other book, the â€Å"Inspector general,† the author has focused on mistaken identity committed in the Russian society. These two books have common similarities and differences, which have been asserted through the mode of translation, the author’s concerns, the cultural and historical differences especially in history and literature. The researcher of this essay has analyzed how the two different authors tried to bring out their c haracters, which reflect the Russian literature in both content and history. The two authors have tried to bring out the foundation for the Russian literature and it portrayed history of the Russian republic. Turgenev reveals struggles that exist within families in his book since he tries to explain what it means to someone’s child or parent. This novel highlights whereby children are disrespectful and revolt against their families or parents. On the other hand, Gogol laid down the establishment or foundation of the 19th century Russian realism with his book that criticized government injustices.