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When an Error Occurs, an Exception Is

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When an error occurs, an exception is


Definitions:

Annual Operating Cash Flows

The amount of cash generated by regular business operations in a given year.

Initial Investment Cost

The total amount of money needed to start a project, purchase an asset, or invest in a financial instrument.

Operating Working Capital

Current assets minus current liabilities, reflecting a company's efficiency and short-term financial health in its operations.

Cannibalization Effects

Refers to the reduction in sales volume, revenue, or market share of one product as a result of the introduction of a new product by the same company.

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