Examlex
The statement of cash flows informs users about how much of the earnings were kept and reinvested in the company.
Tax Deduction
An expense that a taxpayer is allowed to deduct from taxable income, thereby reducing the overall tax liability.
Financial Leverage
The use of borrowed money (debt) to amplify the potential return of an investment.
Corporate Interest
Interest that a corporation pays on its debt obligations, which can impact its financial performance and tax liabilities.
EBIT
EBIT stands for Earnings Before Interest and Taxes, a measure of a firm's profit that excludes interest and income tax expenses.
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