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Research on racial differences in intelligence indicates that
Payback Period
The length of time it takes for an investment to recover its initial cost, used in capital budgeting to assess investment viability.
After-Tax Net Income
The amount of profit a company has left after paying all its taxes.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, simplifying financial calculations.
Salvage Value
The envisaged monetary value of an asset when sold after its lifespan of utility.
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