In Berkshire Hathaway Annual Reports, Warren Buffet Highlights Financial Tenets

Multiple Choice

In Berkshire Hathaway annual reports, Warren Buffet highlights financial tenets that he believes are important. Which of the following is NOT a financial tenet of Warren Buffet?

A) focus on return on equity (ROE) not earnings per share (EPS)
B) calculate owner earnings similar to free cash flow after capital expenditures
C) high profit margins relative to the industry
D) Company should create at least one dollar of market value for every dollar retained.
E) All of these are correct.