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Payback Period
The duration it takes for an investment to recoup its initial costs through profits or savings.
Scrap Value
The estimated resale value of assets at the end of their useful life or the value of leftover materials after the production process.
Operating Income
The profit realized from a business's core operations, excluding deductions of interest and taxes.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, reflecting its consumption or wear and tear.
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