Examlex
Which of the following acts is seen as conclusive proof for the existence of a corporation?
Loss on Discontinuance
A financial loss that occurs as a result of the cessation of a business unit or operation.
Asset Turnover Ratio
A financial metric that measures the efficiency of a company in using its assets to generate sales.
Profit Margin
A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.
Accounts Receivable Turnover
A financial ratio that measures how efficiently a company collects receivables or the speed of their customer payments.
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