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What is the primary function of wave summation?
Cash Outflows
Payments or expenditures made by a business or individual, resulting in a decrease in cash balance.
Useful Life
The estimated duration of time that an asset is expected to be useful in operations, contributing to the company's income generation.
Required Rate of Return
The minimum rate of return on an investment that is acceptable to an investor or required to cover costs.
Cash Flow
The total amount of money being transferred in and out of a business, particularly affecting liquidity and overall financial health.
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