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Michael is on trial for 5 charges of first degree murder and the prosecutor is seeking the death penalty. Michael is 18 years old and is accused of killing his entire family, including his mother, step-father, and two younger sisters, in a drug induced fit. He also killed the police officer who responded to the house after the neighbor called 911. This is the first time Michael has been arrested.
-Michael's attorneys explain the process to him. They tell him that the jury first has to determine whether he is guilty or not guilty for the crime. This phase is known as:
Cash Flows
The total amount of money being transferred into and out of a business, especially affecting liquidity.
Accounting Net Income
The profit of a company after all expenses and taxes have been deducted from revenues.
Net Present Value Method
A financial analysis tool used to evaluate the profitability of an investment, taking into account the time value of money.
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