Choose the Word or Phrase in [ ] Which Will

question 73

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.
-The [longer | shorter] the period of time you expect to live in a house,the more likely refinancing is a sound financial decision.

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Definitions:

Times Interest Earned Ratio

A financial metric that measures a company's ability to meet its debt obligations based on current earnings before interest and taxes.

Cash Coverage Ratio

A fiscal indicator assessing a corporation's capability to fulfill its debt commitments using the cash flow generated from its operations.

Inventory Turnover

A ratio that measures how many times a company's inventory is sold and replaced over a certain period.

Cost of Goods Sold

Direct costs attributable to the production of the goods sold by a company, including material and labor costs.