________ Decrease Assets and Expenses And/or Increase Liabilities And/or Equity

question 112

Multiple Choice

________ decrease assets and expenses and/or increase liabilities and/or equity

• A) Journal Entries
• B) Debit
• C) Credit
• D) None of all

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Definitions:

ROE

Return on Equity (ROE) is a financial ratio that measures the profitability of a company in relation to the equity of its shareholders.

Operating Break-Even

The point at which a company's total revenues equal its total operating expenses, indicating no net profit or loss.

EBIT

Earnings Before Interest and Taxes; a company's profit before deducting interest expenses and income taxes.

Total Fixed Costs

The sum of all costs required to produce any amount of a product or service that does not change with the level of production output.