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Payback Period
is the duration needed to recoup the cost of an investment, calculating the time it takes for returns to cover costs.
Average Accounting Return
A financial ratio that compares the average net income to the average investment made in a company.
Payback Method
A method in capital budgeting that measures the duration needed to recover an investment's expenses.
Short-Term Projects
Initiatives or tasks that are expected to be completed or yield results within a relatively brief period, typically less than one year.
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