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Explain what Locke means when he says, "What is it determines the will? The true and proper answer is, the mind. For that which determines the general power of directing, to this or that particular direction, is nothing but the agent itself exercising the power it has that particular way."
Operating Cash Flows
Cash generated from a company's regular business operations, excluding financing or investment-related cash flow.
Net Income
Net Income is the total earnings of a company after all expenses, taxes, and costs have been subtracted from total revenue.
After-tax Salvage Value
The value of a depreciated asset after deducting any taxes owed on the sale of the asset.
Incremental Operating Cash Flow
The additional amount of cash flow a company generates from its operating activities due to a specific decision or project.
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