Using Qualifiers Like "Approximately" to Modify Your Figures When You

question 32

True/False

Using qualifiers like "approximately" to modify your figures when you are estimating or providing best guesses is considered weak and unprofessional.

---

Definitions:

Net Income

The amount of earnings remaining after subtracting all costs, taxes, and expenses from total revenue, indicative of a company's profitability.

Common Stockholders' Equity

Equity representing the ownership interest of common shareholders in a company, reflected as the share capital and retained earnings.

Dividends Paid

The sum of money distributed to shareholders from a company's earnings.

Net Income

The total profit of a business after all expenses and taxes have been subtracted from total revenues.