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The question that teachers could ask themselves while planning the explore phase is:
Salvage Value
The estimated residual value of an asset at the end of its useful life.
Depreciation
The accounting method of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.
Applicable Tax Rate
The applicable tax rate is the percentage at which an individual or corporation is taxed, varying depending on income, profit, or transaction values.
Incremental Cash Flows
The additional cash flow a company generates from a particular investment or project, compared to not undertaking the project.
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