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Referring to the accompanying figure, you can control all of the following, EXCEPT _____.
Initial Investments
The initial amount of money invested in a project, asset, or company to cover setup costs or purchase capital assets.
Working Capital
The difference between current assets and current liabilities, indicating the liquidity available to fund day-to-day operations.
Income Tax Rate
The percentage of income that is paid to the government as tax.
After-Tax Discount Rate
This is the discount rate that has been adjusted for taxes, used to evaluate the net present value of an investment after taking into account the tax implications.
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