Examlex
A general partner has unlimited liability for the debts of the partnership only if he or she personally approved the decisions that resulted in those debts.
Equity Multiplier
A financial leverage ratio that measures the portion of a firm's assets that is financed by stockholder's equity.
Profit Margin
A financial ratio that shows the percentage of revenue that remains as profit after all expenses have been paid, including costs, taxes, and interest.
Return On Assets
A performance metric that measures the efficiency of a company in generating profit from its assets.
Return On Equity
Return on equity (ROE) measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Q2: Which of the following is a characteristic
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Q243: Compared to sole proprietorships, partnerships offer the