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In cash flow estimation, the existence of externalities should be taken into account if those externalities have any effects on the firm's long-run cash flows.
Automate
The use of technology to perform tasks with minimal human intervention, often to increase efficiency and reliability.
Capital Intensive
Describes industries or businesses that require large investments in capital assets relative to labor to produce goods or services.
Productivity
The measure of how efficiently goods and services are produced, often evaluated by the output per unit of input.
Cast Bronze Valves
Valves made from bronze through a casting process, known for their durability and corrosion resistance.
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