Examlex
The Sarbanes-Oxley Act supports ________ as a vehicle for both discouraging deceptive management practices while encouraging ethical management practices.
Gross Margin Percentage
A financial metric that measures the difference between revenue and the cost of goods sold, divided by revenue, expressed as a percentage; it shows the proportion of money available to cover other expenses and profit.
Return On Total Assets
A financial ratio that measures the profitability of a company relative to its total assets, indicating how effectively a company is using its assets to generate earnings.
Long-Term Debt
Borrowings and financial obligations that are due for repayment in a period exceeding one year.
Return On Equity
A financial ratio that measures the profitability of a business in the relation to the equity, indicating how effectively shareholder equity is being utilized.
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