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Use the binomial theorem to expand the binomial.
Sunk Cost
A cost that has already been incurred and cannot be recovered, which should not affect future investment decisions.
Depreciation Cost
The allocated portion of an asset's initial cost over its useful life, recognized as an expense on financial statements.
Net Working Capital
The difference between a company's current assets and its current liabilities, indicating short-term financial health and operational efficiency.
Customer Credit
Credit extended by a business to its customers, allowing them to purchase goods or services and pay for them at a later date.
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