[Solved] Return on average investment vs.discounting cash flows The computation of return on average investment ignores one characteristic of the earnings stream,which is considered in discounting cash flows.What is this characteristic? Why is it important? Defendant: The person or party against whom a civil or criminal lawsuit is filed in a court of law. Communications Decency Act: A U.S. federal law enacted in 1996 aimed at regulating pornography on the internet, but also important for its provisions on liability of internet service providers and others for content posted by third parties. Interactive Computer Services: Platforms or providers that offer or enable computer access by multiple users to a computer server, often used in contexts like internet forums, social media, and other online services. Immunity: A provision granting protection from legal action or prosecution under certain conditions, often used in the context of government officials or witnesses.