____________________Drivers Add Incremental Value by Facilitating Revenue or Margin Expansion

question 73

Short Answer

____________________drivers add incremental value by facilitating revenue or margin expansion while____________________drivers create value by providing economic savings.

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Definitions:

Debt Covenant

Agreements between a borrower and lender stating specific limitations or conditions about the borrower's actions.

Borrowing Costs

Expenses incurred by an entity for borrowing funds, including interest, amortization of discounts or premiums on debt, and other related costs.

Agency Theory

The theory that deals with problems caused by separating ownership from control in the modern corporation.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of property, finances, or other responsibilities.