Examlex
When an engine has a distributor ignition system, the lubrication system can usually be primed before installing the distributor.
Net Present Value
The gap between cash inflows' present value and cash outflows' present value during a certain period.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded over time for a fixed asset, reflecting its decrease in value.
Income Tax Rate
The percentage at which an individual or corporation is taxed. The tax rate may increase as taxable income increases (progressive tax rates).
Profitability Index
A financial metric used to assess the desirability of an investment, calculated as the present value of future cash flows divided by the initial investment cost.
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