Flashcards - MTLE Business: Taxation & Financial Calculations

Flashcards - MTLE Business: Taxation & Financial Calculations
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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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flat tax
A flat tax is a tax system with a constant marginal rate, usually applied to individual or corporate income
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flat tax
A flat tax is a tax system with a constant marginal rate, usually applied to individual or corporate income
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
cash equivalents
Cash and cash equivalents are the most liquid current assets found on a business's balance sheet
dividend
A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits
Depletion
Depletion is an accounting concept used most often in mining, timber, petroleum, or other similar industries

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