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What is cornification?
Salvage Value
is the estimated resale value of an asset at the end of its useful life, important for depreciation calculations.
Outflow
The movement of money out of a business or financial account, often associated with expenses or investments.
Payback Period
The length of time that it takes for a project to fully recover its initial cost out of the net cash inflows that it generates.
Working Capital
The amount of a company's current assets minus its current liabilities, indicating the short-term financial health and operational efficiency of a business.
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