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How do preconventional, conventional, and postconventional moral reasoning differ?
Net Operating Losses
Losses incurred when a company's operating expenses exceed its revenues, which can often be carried forward or backward to reduce future or past taxable income.
Interest Tax Savings
The reduction in income tax that results from the deductibility of interest payments on certain types of loans, such as mortgages.
Discount Rate
The interest rate used to discount future cash flows of a project or investment to determine its present value.
Defensive Merger
A strategy where a company merges with or acquires another company to protect itself against potential competitors or hostile takeovers.
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