Examlex
When a child correctly solves Piaget's conservation task and explains, "The liquid is higher but the glass is thinner," he is demonstrating an understanding of reversibility.
Annual Sales
The total revenue generated from the sale of goods or services over the course of a year.
CCA Class
A categorization within the Canadian taxation system specifying the depreciation rate applicable to different types of property or equipment for tax purposes.
Net Present Value
A calculation that determines the present value of an investment's expected cash flows, minus the initial investment cost, taking into account the time value of money.
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