Examlex
If Tanisha can audit more tax returns in one hour than Libby, then Tanisha has an absolute advantage in auditing tax returns.
Discounting
The process of determining the present value of a future amount of money or stream of income.
Payback Period
The length of time it takes to recover the cost of an investment.
Net Present Value
A method used to evaluate the profitability of an investment or project, calculated by discounting future cash flows to their present value.
Rate of Return
The increase or decrease in value of an investment during a set timeframe, shown as a percent of the investment's original price.
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