Examlex
Match each item with the correct statement below.
-The term _____ refers to the turnover in a company's customer base.
Book Value
The net value of a company's assets expressed on its balance sheet, calculated as the total assets minus intangible assets (patents, goodwill) and liabilities.
Profit Margin
A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, showing the profitability of a company.
Net Income
The total earnings of a company after subtracting all expenses, including taxes, from its total revenues.
Average Assets
A financial measure used to calculate the average total assets a company has had at its disposal over a certain period, often used in evaluating asset efficiency and ROI calculations.
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