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Discuss the importance of establishing baseline measures.
Net Present Value
The disparity between the current value of incoming cash and the current value of outgoing cash over a certain timeframe.
Salvage Value
The estimated residual value of an asset at the end of its useful life, often considered for depreciation calculations.
Cash Inflows
The total amount of money being transferred into an entity, coming from various sources like sales, financing, or investments.
Financially Attractive
A term used to describe investments or opportunities that are likely to provide a good financial return.
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