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Generally Accepted Accounting Principles
BusinessSarbanes-Oxley (SOX) is United States law passed by congress that sets policy and regulates the accounting practices of U.S corporations. The primary purpose of the law is to make corporate...
BusinessFinancial leverage is the degree to which an organization is utilizing debt (borrowed money) for operations. The financial leverage ratios measure organizations assets relative to available equity;...
BusinessGAAP is an acronym that stands for Generally Accepted Accounting Principles; it is a universal set of accounting standard, principles and procedures that organizations use to assemble their fiscal...