A Will Must Be in Writing

question 71

True/False

A will must be in writing.

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Definitions:

Debt To Assets

A ratio that measures the proportion of a company's assets financed through debt, indicating financial leverage.

Profit Margin

A financial ratio that measures the percentage of net income to revenue, indicating how much profit a company makes with its total sales.

Total Assets

The sum of all current and non-current assets owned by a company, representing its total economic value.

Net Income

The net income of a company, which is calculated by deducting all expenses, taxes, and costs from its total revenue.