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Choose the Word or Phrase in [ ] Which Will

question 61

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-You need to make major revisions in your will.You should write a [codicil | new will].


Definitions:

Net Operating Income

Income derived from a company's everyday business operations, calculated by subtracting operating expenses from gross income.

Interest And Taxes

Financial charges on borrowed capital and compulsory contributions to state revenue, both of which affect a company's net income.

Return On Investment

A performance measure used to evaluate the efficiency of an investment or compare the efficiency of multiple investments.

Unit Sales

The volume of product units sold by a company in a specific period.

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