Examlex
_____ is a legitimate justification for the unethical behavior of a police officer.
Tax Deduction
Expenses subtracted from gross income to determine taxable income, which can reduce the amount of tax owed.
Net Present Value
A method used in capital budgeting to evaluate the profitability of an investment or project, reflecting the present value of all future cash flows minus initial investments.
Internal Rate
Often synonymous with "Internal Rate of Return," referring to the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
Capital Expenditure
Capital deployed by a corporation to buy, improve, and upkeep tangible assets like land, factories, or machinery.
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