Choose the Word or Phrase in [ ] Which Will

question 68

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.
-Paying mortgage points to get a lower rate of interest makes more sense if you expect to live in a home for a [longer | shorter] period of time.

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Definitions:

Statement of Comprehensive Income

The comprehensive income statement is a financial document that encompasses all equity alterations within a period, excluding those caused by owner investments and distributions.

Cash Flow

The entire sum of cash and assets that are equivalent to cash being channeled into and out of a business venue.

Net Income

The total revenue minus expenses, taxes, and costs, representing the profit a company makes during a specific period.

Cash Flow from Operations

The net amount of cash generated by a company's normal business operations, reflecting how well it generates cash to fund its operating expenses and pay its debts.