Examlex
As lens strength increases, the light cone ________ and the lens must be ________ the object.
Discount Rate
The discount rate applied in the process of discounted cash flow (DCF) analysis to calculate the current value of anticipated future cash flows.
Abnormal Earnings Approach
A valuation method that estimates a company's value based on the prediction of future abnormal earnings, defined as earnings in excess of a normal return on investment.
Free Cash Flow Approach
A valuation method focusing on the cash flows that a company can generate after accounting for capital expenditures required to maintain or expand the asset base.
Return On Assets
A financial ratio indicating the profitability of a company relative to its total assets, measuring how efficiently a company uses its assets to generate profit.
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