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The theory of uniformitarianism was based on the idea that the forces that shaped the earth included
Net Present Value
A method used in capital budgeting to evaluate the profitability of an investment or project, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period of time.
Credit Policies
Guidelines that set out the criteria for extending credit to customers, including terms of payment and interest rates.
Switching
The process of changing from one product, service, technology, or supplier to another, often assessed for cost benefits or efficiency gains.
Net Present Value
A financial metric that calculates the value today of future cash flows, discounted at a particular rate.
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