Examlex
Which of the following is not a functional characteristic of WBCs?
Abnormal Earnings
Profits that exceed or fall short of the expected normal return for a given year or period.
Cutting Costs
Refers to actions implemented by a business to reduce expenses and improve profitability.
Abnormal Earnings Approach
A method for valuing a company's worth based on the premise that stock prices are influenced by differences between the expected and actual earnings, adjusted for the cost of capital.
Equity Valuation
The process of determining the fair market value of a company's equity or shares.
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