题目是：De Jong believes that increasing invested capital to take advantage of projects with positive net present values increases both NOPAT and EVA. Is she correct about the likely effects on NOPAT and EVA?
A. Yes in both cases
B. Yes in one case and no in the other
C. No in both cases.
Nopat = EBIT * (1- Tax)
EVA = Nopat - WACC * Invested capital
我觉得即使项目有正的NPV，但投资初期的EBIT不一定为正阿，所以Nopat不一定增加。因此EVA也不一定增加阿。
但答案是A，请问大家怎么理解阿？
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发表于 2009-5-31 09:59
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