Examlex
What are the advantages of a C-corporation?
Return on Assets
A financial ratio that measures the net income produced by total assets during a period by comparing net income to the average total assets.
Net Income
The net earnings of a company following the deduction of all costs, such as taxes and operational expenses, from its overall income.
Total Assets
The sum of everything an organization owns, both current and noncurrent, that can be used to generate value.
Income Statement
A report detailing a business's income, outgoings, and profit over a set period.
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