If No Heirs Are Found,the Property of a Decedent Is

question 33

True/False

If no heirs are found,the property of a decedent is transferred to a charitable organization.

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest payments on outstanding debt with its operating income.

Efficiency

The ability to accomplish a job with a minimum expenditure of time and resources.

Revenue Generated

Income received from business activities like sales, services, and other operations.

Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term liquidity.