Examlex
If there are non-uniform cash flows (cash flows that differ from year-to-year), payback period is calculated by dividing net initial investment by uniform increase in annual future cash flows.
Natural Selection
A process in evolutionary biology where individuals or species that are better adapted to their environment tend to survive and reproduce more than those less adapted.
Gene Investment Theory
A theory suggesting that individuals are genetically predisposed to invest resources in ways that maximize the passing of their genes to the next generation.
Survival of the Fittest
A concept in evolutionary biology describing the mechanism by which organisms better adapted to their environment tend to survive and produce more offspring.
Short Answer
A method of response in exams or surveys that requires a brief and direct explanation or fact.
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