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Solve the inequality. Write the solution set in interval notation and graph the solution set.
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Interest Tax Shield
The reduction in income taxes that results from taking the allowable interest expense deductions from taxable income.
Financial Distress Costs
Expenses incurred by a firm facing financial difficulties, including legal, administrative, and potentially bankruptcy-related costs.
Reorganization
Financial restructuring of a failing firm to attempt to continue operations as a going concern.
Going Concern
An assumption that a company will continue to operate in the foreseeable future, without the intention or necessity of liquidation.
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