What Is a Conceptual Map

question 17

Multiple Choice

What is a conceptual map?

• A)A model connecting objects, phenomena, or ideas
• B)A set of highly abstract, related constructs
• C)An integrated set of defined concepts, existence statements, and relational statements that can be used to describe, explain, predict, or control that phenomenon
• D)A diagram that expresses the interrelationships of concepts and statements in a framework

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Definitions:

After-tax Cash Flows

After-tax cash flows are the net cash flows a company generates after accounting for taxes.

Salvage Value

Salvage value is the estimated resale value of an asset at the end of its useful life.

Equivalent Annual Annuity

The annual cash flow of an investment that yields the same present value as the investment’s costs, used in capital budgeting to compare the profitability of investments.

Payback

The period of time required for the return on an investment to "pay back" the initial capital outlay.