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Business
Operations Management
profit, net assets, return on investment return on investment, net assets, cash flow gross income, net profit, cash flow

profit, net assets, return on investment return on investment, net assets, cash flow gross income, net profit, cash flow

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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What are the three financial measurements necessary to adequately measure a firm’s performance? 

  1. net profit, return on investment, cash flow
  2. net profit, net assets, return on investment
  3. return on investment, net assets, cash flow
  4. gross income, net profit, cash flow 

gross income, net profit, return on investment 

Expert Solution
Step 1

Financial performance is a subjective assessment of how effectively a company can utilize and produce money via its main business model. The word also serves as the overall assessment of the financial health of a company over a certain time.

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