Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
6 Cards in this Set
- Front
- Back
|
Recognizes that a dollar today is worth more than a dollar tomorrow because today’s dollar can earn interest |
Time value of money concept |
|
|
Sometimes called the accounting rate of return, measures the average income as a percentage of the average investment |
Average rate of return |
|
|
The expected period of time between the date of an investment and the recovery in cash of the amount invested |
Cash payback period |
|
|
Cash to be received(or paid) in the future is not the equivalent of the same amount of money received at an earlier date |
Present value concept |
|
|
A method of analysis of proposed capital investment that subtract the amount to be invested from the present value of the cash flows expected from the investment |
Net present value method |
|
|
A manufacturing enterprise that uses lean principles, sometimes call Just-in-time processing(JIT) |
Lean manufacturing |
