Examlex
All of the following are realizations of the metadata concept, except ____.
Return On Capital Employed (ROCE)
A financial ratio that measures a company's profitability and efficiency in using its capital; calculated as EBIT (Earnings Before Interest and Taxes) divided by capital employed.
Capital Structure
The composition of a company's liabilities and shareholders' equity including debt, equity, and any other types of financing.
Tax Bracket
A range of income over which the tax rate is constant.
Modigliani-Miller Model
A theory on capital structure that suggests that under certain market conditions (no taxes, no transaction costs), the value of a firm is unaffected by how it is financed.
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