Examlex
A program is highlighted on the _____ if it is still open.
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.
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