_____ Is a Form of Cloud Computing Where a Firm

question 53

Short Answer

_____ is a form of cloud computing where a firm subscribes to a third-party software and receives a service that is delivered online.

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Definitions:

Generate Sales

The act of creating revenue for a company or business entity through the selling of goods or services.

Financial Leverage

Utilization of debt to expand the potential profitability of an investment.

Times Interest Earned

A financial ratio that measures a company’s ability to meet its interest payments on outstanding debt.

EBIT

EBIT, or Earnings Before Interest and Taxes, represents a company's profit figure that does not take into account expenses stemming from interest and income taxes.