Examlex
List three types of bad-news replies discussed in the textbook.Provide an example of a situation wherein each type of reply is appropriate.
Equity Financed
The method of raising capital through the sale of shares in a company.
Retained Earnings
The portion of a company’s profit that is held back and not distributed to shareholders as dividends, to be reinvested in the business.
EBIT
Earnings Before Interest and Taxes - an indicator of a company's profitability that calculates income without tax expenses and interest expenses.
Straight Line
A method of allocating the cost of a tangible asset over its useful life in equal installments.
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