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Excel is superior to Access for tracking orders,inventory,equipment,and people.
Cash Payback Period
The length of time required for an investment to generate cash flows sufficient to recover the initial outlay.
Present Value Factors
The numerical values used to calculate the present value of future cash flows, based on a specific discount rate.
Desired Rate of Return
The minimum rate of return on an investment that an investor considers acceptable, given its risk and alternative options.
Present Value Index
A ratio used to evaluate the relative profitability of an investment or project by comparing the present value of cash inflows to the present value of cash outflows.
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