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If you inherit a dominant version of the freckles gene, you will have the potential to display freckles. But to be freckle-free, you would need to inherit two recessive "no freckles" genes, one from each biological parent.
Net Cash Flows
The difference between a company's cash inflows and cash outflows over a specific period.
Average Rate of Return Method
A technique used in capital budgeting to estimate the profitability of potential investments.
Consideration
Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
Time Value
The concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.
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