Examlex
Which of the following statements is CORRECT?
Entity
In accounting and finance, an entity refers to any organization, company, or individual that has a separate legal existence and can engage in economic activities and transactions.
Third Parties
Individuals or entities that are involved in a transaction or agreement but are not one of the principal parties.
Return On Assets
A financial metric used to gauge how efficiently a company uses its assets to generate profit.
Common Equity
The amount of ownership interest in a corporation, represented by common stock, that is available to shareholders after debts and liabilities have been settled.
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