What Is Intestate

question 8

Multiple Choice

What is intestate?

• A)Dying without a will.
• B)Preparing a will that applies to only a single state.
• C)Preparing a will that applies across a number of states.
• D)Dying with a will that you prepared without a lawyer.
• E)None of the above.

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Definitions:

Price-Earnings Ratio

The Price-Earnings Ratio (P/E Ratio) is a financial metric used to evaluate the value of a company's shares, calculated by dividing the current market price of a stock by its earnings per share.

Return On Total Assets

A financial ratio that measures the profitability of a company relative to its total assets.

Year 2

This refers to the second year of a business or financial operation, often used in context to compare data year-over-year.

Earnings Per Share

A company's net profit divided by the number of its outstanding shares, indicating the portion of a company's profit allocated to each share of stock.