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The fall of the Berlin Wall, which occurred in _________ ushered in the end of the Cold War.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity available to run day-to-day operations.
Income Tax Rate
The percentage of income that an individual or corporation pays in taxes to the government, which can vary based on income level and jurisdiction.
After-Tax Discount Rate
The discount rate used in investment analysis that has been adjusted to account for the effects of taxes, providing a more accurate measure of net present value or internal rate of return.
Straight-Line Depreciation
A plan for breaking down the cost of a concrete asset across its useful life in equivalent annual installments.
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