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Generally,in the case of a divorced couple,the parent who has physical custody of a child for the greater part of the year is entitled to claim the child as a dependent.
Net Present Value
A financial metric that calculates the value of a series of cash flows by discounting them to their present value, used to assess the profitability of investments.
Cost of Capital
The return rate that a firm needs to achieve to cover the cost of generating funds in the marketplace, essentially what it must pay in order to use capital.
Living Standards
The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
GDP Growth
An increase in a country's gross domestic product over time, indicating economic expansion.
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