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How does a firm decide whether to adopt an active or passive strategy?
Unmodified Opinion
An auditor's report that concludes the financial statements of an entity present fairly its financial position, without any reservations.
Management Discussion and Analysis
A section in an annual report where management provides an overview of the previous period's operations, current financial status and future outlook.
Dividends per Share
The amount of money a company pays out to its shareholders for each share they own during a specific period.
Earnings per Share
A financial ratio that divides a company's net profit by the number of its outstanding shares, indicating how much money each share makes.
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