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The accountant of Peyton Financial Services failed to make an adjusting entry to record $7,000 of depreciation expense.Which of the following statements is TRUE?
Per Share FCFE
Free Cash Flow to Equity per share, indicating the amount of cash available to equity shareholders per share after expenses, reinvestment, and debt payments.
Required Rate of Return
The minimum annual percentage return on an investment deemed acceptable by an investor or creditor.
Per Share FCFE
Free Cash Flow to Equity per share; a measure of how much cash is available to the equity shareholders of a company on a per share basis.
Required Return
The minimum percentage return an investor expects or requires from an investment to make it worthwhile.
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