Examlex
Determining the amount of goodwill impairment is a one-step impairment test.
Tenant
A person who rents a house or apartment.
Gross Income
The total income earned before any deductions or taxes are subtracted.
Back-end Ratio
A debt-to-income ratio that calculates the percentage of a person's gross income going toward paying all debt obligations, including mortgage and auto loans.
Expenses
Costs incurred or money spent on goods and services.
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