Examlex
Researchers announce that their study of identical twins has revealed a high heritability for divorce (McGue & Lykken, 1992). Given that our prehistoric ancestors hadn't yet invented marriage, let alone divorce, what on earth could this finding mean?
Return On Assets
A financial ratio that indicates how profitable a company is relative to its total assets, measuring efficiency in generating profits.
Net Income
The net income of a business following the deduction of all costs, such as operational expenses and taxes, from its overall revenue.
Average Total Assets
An indicator of a company's financial health, calculated by adding the beginning and ending total assets for a period and dividing by two.
Managerial Accounting
The practice of identifying, measuring, analyzing, and interpreting accounting information to help managers make informed business decisions.
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