Month: May 2018

Economic value added

Economic value added refers to the value of net operating profit after tax less the capital charge of the firm. It shows the marginal difference between the cost of capital and the required rate of return. Part one Economic valued added computation 2017 2016 Net income before taxes         503,000         262,300 Add back Interest           63,000           58,500…


The role of business education in entrepreneurial skills development

Entrepreneurship is responsible for the development of many economies around the globe. Entrepreneurs have been credited with coming up with innovative products that meet the needs of customers and changing trends in the society. The success of some entrepreneurs has prompted some students to enroll in business courses with the aim of gaining entrepreneurial skills…