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Virtual tape technology can decrease data access time, lower the total cost of ownership, and reduce the amount of floor space consumed by tape operations.
Financial Leverage
Employing borrowed capital to enhance the potential profit from an investment, which magnifies both possible rewards and risks.
MM
MM, short for Modigliani and Miller, refers to a foundational theory in finance concerning the capital structure of companies and its impact on market value.
Financial Distress
A condition when a company cannot generate sufficient revenues or income, making it unable to meet its financial obligations.
Tax-Deductible
A tax-deductible expense is one that can be subtracted from gross income to arrive at taxable income, effectively reducing the overall amount of taxes owed.
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