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Payback Period
The time it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment itself.
Straight-line Basis
Straight-line basis is a method of calculating depreciation and amortization, wherein an asset's cost is evenly spread over its useful life.
Cash Flow
A measurement of the net amount of cash and cash-equivalents being transferred into and out of a business.
Incremental Cost Approach
A decision-making process that focuses on the changes in total cost that would result from a decision to pursue one alternative over another.
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