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How are Economic Value Added (EVA), Residual Income (RI), and Return on Investment (ROI) similar?
They are all tools used to manipulate profits and make stock prices rise.
They all use accounting income which can be manipulated in the short-term.
They all use only assets purchased by the current managers so that decisions of prior managers do not harm their performance rating.
All measure how well parts of the business performance compared to industry averages.