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Useful Life
Useful life is the estimated period that an asset is expected to be usable for its intended purpose, influencing depreciation and amortization calculations.
Capital Investment Proposals
Proposals for spending on large, long-term purchases aimed at gaining or maintaining competitive advantage.
Present Value Concepts
Concepts that recognize that cash to be received (or paid) in the future is not the equivalent of the same amount of money received at an earlier date.
Net Cash Flows
The difference between cash inflows and cash outflows in a given period, reflecting the liquidity of a business.
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