In Order to Be Allowed to Testify as an Expert

question 29

Multiple Choice

In order to be allowed to testify as an expert witness, the person must:

• A)have knowledge of the subject based on education and/or experience.
• B)have a graduate degree in the subject.
• C)have worked in the field for at least 5 years.
• D)all of these are required

---

Definitions:

Net Income

The final profit figure for a company after deducting taxes and expenses from the revenue.

Dividend Payout Ratio

The dividend payout ratio is the fraction of net income a firm pays to its shareholders in dividends, expressed as a percentage of the company's total net income.

Retained Earnings

The portion of net income that is retained by the company rather than distributed to its shareholders as dividends.

Profit Margin

A financial metric that measures the percentage of revenue remaining after all expenses have been deducted from sales.