Informative Reports Provide

question 20

Multiple Choice

Informative reports provide

• A) conclusions.
• B) findings and results.
• C) A and B

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Definitions:

Pretax Profits

Earnings of a company before income tax expense has been deducted.

Borrowing Rate

The interest rate charged by a lender to a borrower for the use of borrowed money, often expressed as an annual percentage.

ROA

Return on Assets, an indicator of how profitable a company is relative to its total assets, showing how efficient management is at using assets to generate earnings.

ROE

Return on Equity: It's a financial performance indicator that is computed by dividing the net income by the equity held by shareholders.