Examlex
What is the value of striving for continuous improvement in internal processes? How does TQM differ from business process reengineering?
Net Present Value
The calculation used to determine the current worth of a future stream of cash flows, adjusted for the time value of money.
Depreciation Tax Shield
The reduction in income taxes that results from taking a deduction for depreciation on the company's tax return, effectively reducing taxable income.
Cash Outlays
Payments in cash for expenses or investments made by a business or individual.
Auto Leases
Contracts that allow a person to use a car for a set period of time in exchange for regular payments, without owning the vehicle.
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