Examlex
Which of the following statements is NOT true about the abbreviation CPD?
ROE
Return on Equity (ROE) is a measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.
Total Assets Turnover
A financial ratio that measures the efficiency of a company's use of its assets to generate sales revenue.
Equity Multiplier
A measure of a company's financial leverage, calculated by dividing its total assets by total stockholders' equity.
Net Income
The net income of a company once all costs and taxes are subtracted from the total earnings.
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