You Receive a Text Message from Upscale Furnishings About an Upcoming

question 118

True/False

You receive a text message from Upscale Furnishings about an upcoming sale on custom furniture.Upscale Furnishings is developing a direct customer relationship with you through guerilla marketing.

---

Definitions:

Fixed Assets

Long-term tangible assets that are used in the operations of a business and not expected to be converted into cash in the short term, like buildings, machinery, and land.

Tax Shield Approach

A method of reducing taxable income through allowable deductions such as depreciation, resulting in lower tax payments.

Operating Cash Flow

The cash generated from normal business operations, indicating a company's ability to generate sufficient revenue to maintain and grow its operations.

EBIT

A financial performance measurement called Earnings Before Interest and Taxes, which disregards interest and income tax outlays to assess a company's profitability.