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Define and describe Arthur Lewis's theory of surplus labour.
After-Tax Net Income
The amount of profit left after all taxes have been deducted from total revenue.
Payback Period
The length of time it takes for an investment to recover its initial cost, used in capital budgeting to assess investment viability.
After-Tax Net Income
The amount of profit a company has left after paying all its taxes.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, simplifying financial calculations.
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