Examlex
Explain why relative wages matter by highlighting the move of the Chinese immigrants from sugarcane plantations to the West Coast.
NPV Projects
Projects that are evaluated based on the Net Present Value method, helping in deciding whether they contribute positively to the company's value.
Soft Rationing
Refers to the internal limitations set by a company on the funds allocated for capital projects, despite having a strong financial position.
Hard Rationing
A situation in corporate finance where there is a strict limit on the amount of new equity a company can issue.
Operating Cash Flow
Operating cash flow refers to the cash generated by a company's normal business operations, indicating whether a company is able to generate sufficient positive cash flow to maintain and grow its operations.
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