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The case of Adam Lovelock is used in the book to demonstrate
Flotation Cost
The expenses incurred when a company issues new securities, including underwriting fees, legal fees, and registration fees.
Corporate Tax Rate
The corporate tax rate is the percentage of a corporation's income that is seized by the government as tax.
Net Income
The total earnings of a company after all expenses and taxes have been subtracted from total revenue.
Notes Payable
A written promise to pay a certain amount of money, usually including interest, by a specified date or on demand.
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