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Which of the following statements is true according to McClelland's manifest needs theory?
Debt-To-Equity
A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company’s assets, illustrating financial leverage.
Component Percentages
A financial analysis tool that breaks down each component of a financial statement as a percentage of a total.
Net Sales
The top line reported on the income statement. Net sales = Sales revenue − (Credit card discounts + Sales discounts + Sales returns and allowances).
Total Asset Turnover
A metric that evaluates how effectively a company utilizes its assets to produce sales income.
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