Flashcards - Investment Decisions

Flashcards - Investment Decisions
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capital asset
A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession
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capital asset
A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession
payback period
Payback period in capital budgeting refers to the period of time required to recoup the funds expended in an investment, or to reach the break-even point

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