Imagine That Your Parents Are Over Age 65 (If They

question 16

Essay

Imagine that your parents are over age 65 (if they are not already).How will your relationship change as your parents (and their generation)grows older and lives longer?

---

Definitions:

Operating Income

Earnings before interest and taxes (EBIT), an indicator of a company's profitability from its core business activities, excluding non-operating income and expenses.

Break-even Point

The point at which total revenue equals total costs and expenses, resulting in neither profit nor loss.

Dollar Sales

The total value of sales made by a business within a certain period, measured in dollars.

Selling Price

The amount of money for which a product or service is sold to the customer.