Examlex
Efficiency is the main argument for merging the chief executive officer and the chairman of the board positions together.
Operating Net Cash Flow
The amount of cash generated by a company’s normal business operations over a specific period.
Profitable New Plant
A profitable new plant refers to a newly established manufacturing or production facility that generates earnings in excess of its operating and capital costs.
Long-Term Debt
A type of loan or borrowing that is due for repayment in more than one year.
Tax System
A tax system is the structured framework within which taxes are imposed on individuals, corporations, goods, and services by a government entity.
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