A Proxy Directive Is Also Known As

question 26

Multiple Choice

A proxy directive is also known as:

• A) substitute decision maker.
• B) instructional directive.
• C) durable power of attorney for health care.
• D) advance directive.

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Definitions:

ROA

Return on Assets, a financial ratio indicating how profitable a company is relative to its total assets, used to assess how efficient a company's management is at using its assets.

Capital Structure

The combination of borrowing (debt) and ownership (equity) capital employed by a firm to finance its activities and expansion.

Equity-Financed

The method of funding a business through the sale of shares, thus raising capital without incurring debt.

Fixed Asset Turnover

A financial efficiency ratio that measures how well a company utilizes its fixed assets to generate sales.