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The Expectancy Model Includes All of the Following Factors Except

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The expectancy model includes all of the following factors except


Definitions:

Firm's Value

Firm's Value represents the total worth of a company, measured by factors such as market capitalization, revenue, profits, and its assets minus liabilities.

Accounting Profit

The net income for a company as calculated according to generally accepted accounting principles (GAAP), taking into account only explicit costs.

Cash Flow

The complete sum of funds being exchanged in and out of a firm, primarily impacting its liquid financial resources.

Depreciation

The reduction in the value of an asset over time, often due to wear and tear.

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