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Case EX 17-2 Adam Works at a Textile Company

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Case EX 17-2 Adam works at a textile company. The company stores information about its products in an Excel workbook. Adam needs to find an easy way to share some of the information with clients. Before sharing the worksheet data with anyone else, Adam should use the ____ to find out if the workbook has any hidden or personal data, and to delete that data.


Definitions:

Unlevered

Pertaining to a business or investment that does not involve borrowing, thereby not subject to the risks and rewards of leverage.

Tax Loss Carry Forward

A tax rule allowing businesses or individuals to use a net loss in one period to offset a profit in future periods for taxation purposes.

Interest Tax Shield

The reduction in income taxes that results from the deductible nature of interest payments on debt.

Debt Financing

A method by which companies or governments raise capital by borrowing funds, usually from a financial institution or through the issuance of bonds.

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