Topic Sentences Are an Important Element of

question 59

Multiple Choice

Topic sentences are an important element of

• A) well-written paragraphs.
• B) letters to clients.
• C) reminder e-mails.
• D) None of these choices is correct.

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue.

Equity Method

An accounting technique used by firms to assess the profits earned through their investment in other companies, recording income based on their share of net earnings.

Common Stock

Shares entitling their holder to dividends that vary in amount and may even be omitted, unlike preferred stock which has a fixed dividend.

Book Value

The net value of a company's assets as shown on its balance sheet, calculated as total assets minus intangible assets and liabilities.