Examlex
Using borrowed money to increase the rate of return on common stockholders' equity is called "trading on the equity."
Operating Segments
Parts of an organization that engage in business activities from which they may earn revenues and incur expenses, including revenues and expenses related to transactions with other components of the same organization.
Reportable
Pertaining to information or data that must be officially reported or disclosed, typically in compliance with legal or regulatory requirements.
Revenue Test
A criterion used to assess the validity of a company's revenue recognition practices, ensuring reported income arises from core business activities.
Operating Segments
Rephrasing: Operating segments are specific branches or units within a company for which separate financial data is collected and reviewed by the company’s decision-makers for the purpose of resource allocation and performance assessment.
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