Examlex
Which of the following statements about group therapy is LEAST accurate?
Allowance For Doubtful Accounts
A contra-asset account that reduces the total receivables on the balance sheet by the amount expected not to be collected.
ROCE
Return on Capital Employed; a financial ratio that measures a company's profitability and the efficiency with which its capital is employed.
Operating Profit Margin
A profitability ratio calculated by dividing operating profit by total revenue, reflecting the percentage of revenue that is left over after paying for variable costs of production.
Asset Turnover
A financial ratio that measures the efficiency of a company's use of its assets to generate sales or revenue.
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