What Is the Purpose of a Laboratory Report

question 36

Multiple Choice

What is the purpose of a laboratory report?

• A)To indicate the patient diagnosis
• B)To relay the results of laboratory tests to the physician
• C)To order laboratory tests on a patient
• D)To indicate the patient prognosis

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Definitions:

Debt-Equity Ratio

A financial ratio used to understand a company's leverage, by dividing its complete liabilities by the equity available to shareholders.

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to gauge the relative value of a stock.

Earnings Per Share

A profitability measure that indicates the portion of a company's profit allocated to each outstanding share of common stock, calculated as net income minus dividends on preferred stock divided by the average outstanding shares.

Earnings Before Taxes

A company's profit before taxation is deducted.