Characteristics of Smooth Muscle. The normal characteristics of smooth muscle: Smooth muscle is found in many different places in the human body: Unlike skeletal muscle, smooth muscle is generally not identifiable from gross observation of the body.
Economic value added (EVA) is a method of measuring the financial performance of an enterprise. The EVA is calculated by multiplying the enterprise's capital by its cost of capital and deducting the resulting figure from the net operating profit after tax (NOPAT).his indicator can determine if the enterprise is really creating wealth. In looking at how EVA relates to financial ratio analysis, this aim of measuring economic profit is important. The cost of capital is the annual return required by the lenders and shareholders of the enterprise in return for providing the capital.
In corporate finance, Economic Value Added (EVA), is an estimate of a firm's economic profit â being the value created in excess of the required return of the company's investors (being shareholders and debt holders). Quite simply, EVA is the profit earned by the firm less the cost of financing the firm's capital.The idea is that value is created when the return on the firm's economic capital employed is greater than the cost of that capital.This amount can be determined by making adjustments to GAAP accounting.VA = (r-c) Ã capital [the spread method, or excess return method]. where: NOPAT is profits derived from a companyâs operations after cash taxes but before financing costs and non-cash bookkeeping entries. It is the total pool of profits available to provide a cash return to those who provide capital to the firm.