Examlex
Luke does not like his roommate's girlfriend,and he keeps forgetting to tell his roommate when the girlfriend calls their land line.Which concept best explains his actions?
Mutually Exclusive
Referring to events or choices that cannot occur or be taken simultaneously; selecting one option excludes the availability or selection of the other.
Payback Cutoff
The maximum acceptable period within which an investment should recover its initial costs, used as a criterion for investment decisions.
Net Present Values
The calculation of the present value of an investment's expected cash flows minus the initial investment cost.
Positive NPV
Refers to a net present value calculation indicating that the projected earnings (discounted back to their present value) exceed the initial investment.
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