Examlex
Which of the following items must be examined by the controller or treasurer before signing a check?
Equity
Ownership interest in a company, represented by shares, which gives shareholders a claim on part of the company's assets and earnings.
Equity Financed
The method of raising capital through the sale of shares in a company.
Retained Earnings
The portion of a company’s profit that is held back and not distributed to shareholders as dividends, to be reinvested in the business.
EBIT
Earnings Before Interest and Taxes - an indicator of a company's profitability that calculates income without tax expenses and interest expenses.
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