Which of the Following Is a Financial Tenet of Warren

question 22

Multiple Choice

Which of the following is a financial tenet of Warren Buffett?

• A) Long term prospects.
• B) Resistance to institutional imperative.
• C) Creation of one dollar of market value for every dollar retained.
• D) Purchase at discount to intrinsic value.
• E) Product is not faddish.

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Definitions:

Owners' Equity

Refers to the residual interest in the assets of an entity after deducting liabilities, representing the capital belonging to the owners or shareholders.

Total Liabilities

The combined amount of all debts and obligations a company owes to outside parties at a given time.

Total Assets

The aggregate of all assets owned by an entity, both current and non-current, as recorded in the financial statements.

Accounts Receivable

Amounts owed to a business for services performed or goods delivered.