Examlex
Presented below are terms preceded by letters (a)through (f)and followed by a list of definitions (1)through (6).Match the letter of the terms with the definitions.Use the space provided preceding each definition.
(a)Discounting
(b)Break-even time
(c)Return on average investment
(d)Net present value
(e)Uneven cash flows
(f)Accounting rate of return
__________ (1) Annual after-tax net income divided by annual average investment.
__________ (2) A rate used to evaluate the acceptability of an investment; equals the after-tax periodic income divided by the average investment in the asset.
__________ (3) An estimate of an asset's value to the company; calculated by discounting the future cash flows from the investment at a satisfactory rate and then subtracting the initial cost of the investment.
__________ (4) Cash flows that are not all equal in amount.
__________ (5) The process of restating future cash flows in terms of their present value.
__________ (6) A measure of the amount of time needed for the present value of the net cash flows to equal the initial cost of an investment.
Neurons
Specialized cells that convey nerve signals; they are the basic elements of the brain and nervous system.
Excitatory Neurotransmitter
A chemical substance that promotes the firing of neurons and enhances the transmission of impulses across synapses.
Neuron
A neuron is a nerve cell that is the basic building block of the nervous system, responsible for transmitting information through electrical and chemical signals.
Electrical Charge
A physical property of matter that causes it to experience a force when placed in an electromagnetic field; comes in positive and negative forms.
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