Examlex
Excel has limited use in business because advanced statistical software is widely available.
Net Present Value
A financial measurement that calculates the value of a project or investment by discounting the expected future cash flows to their present value using a specific discount rate.
Tractor-Trailer
A vehicle configuration consisting of a front tractor unit coupled to a trailer carrying cargo.
Operating Costs
Expenses associated with the day-to-day functions of a business, excluding costs related to production.
Annual Cost Savings
The reduction in costs achieved during a year due to various savings measures or efficiencies.
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