Examlex
The degree of combined leverage is the percentage change in earnings per share that results from a one percent change in EBIT.
Alien Corporations
Companies that are incorporated in one country but do business in another.
Professional Corporation Acts
Specific laws enacted to regulate the formation and operation of corporations providing professional services, like legal or medical practices.
Certified Public Accountant
A professional designation given to qualified accountants who have passed a state licensing examination and met additional education and experience requirements.
Incorporate
To form into a legal corporation, which involves registering with the state and creates an entity that is legally separate from its owners.
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