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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Scottsboro Boys
Total Income
The sum of all revenue and gains a company acquires before any expenses are subtracted.
Residual Value
Residual value is the estimated amount that an asset will be worth at the end of its useful life.
Capital Expenditure
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment to improve its long-term operations.
Net Present Value
A calculation that compares the present value of cash inflows to the present value of cash outflows over a period of time for investment analysis.
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