Examlex
MACRS stands for modified accelerated cost recovery system and classifies the "life" of every asset for use in determining the depreciation cost for each year.
Operating Cash Inflow
Cash generated from a company's normal business operations.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, making it the simplest depreciation method.
After-Tax Discount
The reduction in price or value of an item after taxes have been factored into its cost.
Income Tax Rate
The percentage of income that is paid to the government as tax. It can vary depending on the income level and jurisdiction.
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