Examlex
Four of the five answers listed below are events that can lead to secondary succession. Select the exception.
Operating Income
Income generated from the normal business operations of a company, excluding expenses such as interest and taxes.
DuPont Formula
A formula that breaks down Return on Equity (ROE) into three components: profit margin, asset turnover, and financial leverage, to analyze a company's financial performance.
Profit Margin
Profit margin is a financial metric showing the percentage of revenue that remains as profit after all operating expenses are deducted from sales.
Investment Turnover
A ratio that measures the efficiency of a company’s use of its assets in generating sales or revenue; the ratio of net sales to average total assets.
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