As a Result of Elder Care Responsibilities,who Is Most Likely

question 52

Multiple Choice

As a result of elder care responsibilities,who is most likely to cut back on work hours?

• A)sons
• B)spouses
• C)grandchildren
• D)women

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Definitions:

Effective Tax Rate

The average percentage of one's total income paid in taxes, factoring in all deductions and credits.

Capital Structure

The mix of a company's debt, equity, and other sources of financing used to fund its operations and growth.

Cost of Capital

The minimum return that a business needs to generate on its projects to preserve its marketplace value and draw in financing.

Flotation Costs

Expenses incurred by a company in issuing new stocks or bonds, including underwriting, legal, and registration fees.