Examlex
Which of the following is FALSE?
Return On Equity
A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholders' equity.
Profit Margin
A financial metric used to assess a company's profitability by comparing net income to sales. It's often expressed as a percentage indicating how much of each dollar in sales a company keeps as profit.
Equity Multiplier
A ratio of financial leverage showing the portion of a company's assets financed through shareholders' equity.
Statement Of Financial Position
Financial statement showing a firm’s accounting value on a particular date. Also known as a balance sheet.
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