Examlex
A spectrum containing only ________ wavelengths is called a line spectrum.
Net Present Value
A method used in capital budgeting to evaluate and compare the profitability of investments, which calculates the difference between the present value of cash inflows and outflows.
Concentration Accounts
A single account used by companies to aggregate funds from different accounts, simplifying cash management.
Lockboxes
A banking service where payments are sent to a special post office box rather than to the company's offices, to speed up transaction processing.
Disbursement Float
The time lag between when a payment is made by writing a check and when the funds are actually removed from the payer's account.
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