When High or Low Tidal Currents Begin to Change Direction

question 35

Multiple Choice

When high or low tidal currents begin to change direction, it is called:

• A) Ebb water
• B) Flood water
• C) Slack water
• D) Stagnant water

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Definitions:

Net Present Value

A method used in capital budgeting to assess the profitability of an investment, calculating the difference between the present value of cash inflows and outflows over a period.

Cash Basis

An accounting method where revenue and expenses are recorded only when cash is received or paid, respectively.

Pay Back

Refers to the time period required for an investment to generate cash flows or profits to cover its initial cost.

Accounting Break-even

The point at which total costs match total revenues, indicating that a business is neither making a profit nor a loss.