Examlex
Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-Gradual migration of Bantu-speaking peoples from their homeland in what is now southern Nigeria and the Cameroons into most of eastern and southern Africa, a process that began around 3000 B·C·E·. and continued for several millennia. The agricultural techniques and ironworking technology of these farmers gave them an advantage over the gathering and hunting peoples they encountered.
Payback Period
The time it takes for an investment to generate an amount of income or cash flows enough to cover the initial cost of the investment.
Salvage Value
The estimated value that an asset will realize upon its sale at the end of its useful life.
Net Cash Flows
The net amount of cash and cash equivalents moving into and out of a business within a specified period.
Payback Method
A capital budgeting technique that calculates the length of time required to recoup the initial investment cost through the net cash flows it generates.
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