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We know the environment can have significant effects on development. Discuss how these effects can be adaptive or pathological. Provide examples of each.
Net Operating Cash Flow
The amount of cash generated by a company’s normal business operations, after accounting for operating expenses and working capital changes.
Capital Cost Allowance
A tax deduction available in many jurisdictions for businesses, representing a yearly allowance for the wear and tear, deterioration, or obsolescence of the property.
Tax Rate
The fraction of earnings upon which the government imposes taxes on a person or corporate entity.
Interest Expense
The cost incurred by an entity for borrowed funds, typically presented on the income statement.
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