Examlex
Which of the following would be considered an improvement rather than routine maintenance?
Past Earnings
The historical profits or net income that a company has generated over a specific period, often used as an indicator of financial health and operational success.
Future Earnings
The projected income a company or individual is expected to generate over a future period.
Intangible Assets
Assets that lack physical substance but have value, such as intellectual property, brand reputation, and copyrights.
Goodwill
An intangible asset representing the value of a company's brand, customer relationships, and other non-physical assets.
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