Correlation Coefficients Can Be Expressed in Numbers Ranging from _____

question 84

Multiple Choice

Correlation coefficients can be expressed in numbers ranging from _____ to _____.

• A)0.00; 3.00
• B)-1.00; +1.00
• C)-2.00; +2.00
• D)-3.00; +3.00

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Definitions:

Financial Leverage

Applying borrowed resources to escalate the potential profits of an investment.

EPS

Earnings Per Share, a measure of a company's profitability that divides its net profit by the number of outstanding shares.

ROE

Return on Equity; a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how efficiently a company uses its assets to generate profit.

ROCE

Return on Capital Employed, a financial ratio that measures a company's profitability and the efficiency with which its capital is used.