The NBER Determined That the U

question 146

True/False

The NBER determined that the U.S.economy experienced a recession that officially began in December 2007 and ended in June of 2009.

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Definitions:

Return On Equity

A measure of a company's profitability, calculated by dividing net income by shareholder equity.

Du Pont Identity Method

The Du Pont Identity Method is a financial analysis framework that breaks down a company's return on equity into three parts: profitability, asset efficiency, and financial leverage.

Total Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue; calculated by dividing sales revenue by total assets.