Examlex
Match the following terms with their definitions.
-Numerator
Working Capital
The difference between a company's current assets and current liabilities, indicating the short-term liquidity.
Straight-Line Depreciation
This method evenly allocates the cost of an asset over its useful life.
After-Tax Discount Rate
The discount rate used in capital budgeting that accounts for taxes, representing the net cost of capital after tax considerations.
Straight-Line Depreciation
A technique for spreading out the expense of a physical asset evenly over its operational lifespan.
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