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Net Present Value
A financial metric that measures the profitability of an investment by calculating the difference between the present value of cash inflows and the present value of cash outflows.
Automated Equipment
Machinery that operates with minimal human intervention, often used to increase production efficiency and consistency.
Salvage Value
The estimated residual value of an asset at the end of its useful life, often considered in depreciation calculations.
Financially Attractive
A term describing investments, projects, or acquisitions that are appealing due to their potential for financial return or profitability.
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