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The best fitting line on a scattergram is called the covariance.
Purchase Cost
The amount paid to buy goods, materials, or assets.
Major Repairs
These are significant expenditures to restore or improve an asset, extending its useful life.
Annual Cash Operating Costs
The total amount of money a company spends on its day-to-day operations within a fiscal year.
Net Present Value
A financial metric used to evaluate the profitability of an investment, calculated by discounting all future cash flows to their present value and subtracting the initial investment.
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