_______________________ Are the Future Cash Flows Expressed in Terms of Their

question 117

Short Answer

_______________________ are the future cash flows expressed in terms of their present value.

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Definitions:

Pricing

The process of determining what a company will receive in exchange for its products or services.

Operations

entails the daily activities, processes, and functions carried out in running a business, particularly related to production of goods or services.

Return on Investment

A measure of the profitability of an investment, calculated by dividing the gain from the investment by its cost.

Cost Centre Managers

Individuals responsible for managing a department or unit within an organization that does not directly add to profit but incurs costs.