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Martin Seligman began his research career by studying learned helplessness in dogs, and later, in humans. He applied his findings to psychological problems in humans, including depression, and he investigated why some people succumb to learned helplessness while others persist in the face of obstacles.
Cash Payback Period
The duration required for an investment to generate cash flows sufficient to recover the initial cost of the investment.
Salvage Value
The estimated residual value of an asset after its useful life has ended and it can no longer be used for productive purposes.
Net Cash Inflows
The difference between all cash receipts and all cash payments within a particular period, reflecting the net increase in cash available.
Straight-Line
A depreciation method that allocates an equal amount of the depreciable cost of an asset to each accounting period of its useful life.
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