Examlex
Your memory of the rules of basketball or golf is a type of
Assets
Economic resources or owned items of value that an individual, corporation, or country possesses, expected to provide future benefits.
Net Income
Net income refers to the total earnings of a company once all costs, expenses, and taxes are deducted from the overall revenue.
Debt-to-Total-Assets Ratio
The debt-to-total-assets ratio measures the percentage of a company's assets financed by creditors, indicating the degree of financial leverage.
Du Pont Equation
A formula that breaks down the components of a company's return on equity into three parts: operating efficiency, asset use efficiency, and financial leverage.
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