Choose the Word or Phrase in [ ] Which Will

question 97

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Low interest rates that have persisted since the financial crisis of 2008-09 have been a net benefit to [borrowers | retirees].

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Definitions:

Direct Labor Cost

The total cost of labor directly involved in the production of goods, including wages and benefits for the workers on the production line.

Variable Costing

An accounting technique that considers only variable costs - those that vary with production levels - when calculating the cost of producing goods.

Net Operating Income

The earnings a business retains following the subtraction of operational costs, not including interest and taxes.

Net Operating Income

The financial gain a company receives from its essential business operations, prior to the removal of interest and tax costs.