Across
- 6. A reasonable rate of return established for the evaluation of an economic alternative.
- 9. Different sums of money at different times having equal economic value.
- 11. The concept that money can earn more money over time.
- 13. Determining a measure of worth for a project's net cash flow series over its life or study period.
- 15. The expected trade-in, market, or scrap value at the end of an asset's useful life.
- 16. Costs directly associated with labor, machines, and materials used in producing a product or service.
- 19. The point at which revenues equal costs.
- 20. The amount of time required to recover the initial capital investment.
Down
- 1. COST The value of a forgone opportunity caused by the inability to pursue an alternative project.
- 2. Deviation from an expected, desirable, or predicted value that may negatively affect a project, process, or system.
- 3. The flow of money into and out of a company, project, or activity.
- 4. The cost of borrowing money or the reward for saving it.
- 5. The equivalent annual amount an asset or system must earn to recover the initial investment plus a stated rate of return.
- 7. Costs such as utilities, management, legal services, and taxes that are not directly attributable to a specific product or process.
- 8. The difference between cash inflows and cash outflows.
- 10. Cash inflows received by a company.
- 12. The interest rate incurred to obtain capital investment funds.
- 14. Additional worth created for a product or service that customers, owners, or investors are willing to pay for.
- 17. An increase in the amount of money required to purchase the same goods or services over time.
- 18. Money that has already been spent and cannot be recovered.