What is a 'moat' in the context of business analysis? Option: A company's marketing and advertising budget, A company's legal team and intellectual property portfolio, A company's competitive advantage that protects its profits, A company's physical headquarters and infrastructure

What is a 'moat' in the context of business analysis?

What does a high gross profit margin (GPM) generally indicate about a company?

Which of the following is NOT a benefit of a high Margin of Safety in a business?

In business, why is it essential to make a profit?

What is the purpose of a company's 'General Reserves'?

According to Warren Buffett's philosophy, what should a fundamentally strong company generate for every $1 it retains?