But the present value of the future payoff (the intrinsic business value) might vary enormously - from zero to many times the cost of the education.
但是,未来回报的折现值(内在商业价值)可能差异极大,从零到教育成本的很多倍。
Value of an asset at the present time as pared with the asset's historical cost.
是指不以资产的历史价格,而是根据当前市价来衡量资产价值的会计方法。
Cost-benefit ratio criterion----No activity where the present value of net benefits is less than zero should be taken.
成本效益分比率准则——净利润现值低于零的无活力地区应该被承揽。
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