Examlex
Performing external and internal audits is the step in the strategic management process.
ROE
Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how well a company uses investments to generate earnings growth.
Times-Interest-Earned Ratio
This financial metric measures a company's ability to meet its debt obligations based on its current income, calculated by dividing earnings before interest and taxes (EBIT) by interest expenses.
Net Increase
The difference between the current period's value and the previous period's value when the current period's value is greater than the previous one.
Decrease in Cash
A reduction in the amount of cash held by a company, often reflected in its cash flow statement.
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