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Economic Concepts - Expected Value, Amortization, Cash Flows

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Please provide definitions of the following:

Expected Value, Amortization, Cash Flows

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Hi there,

If I am understanding your request, you are asking for definitions for the words 'expected value', 'amortization' and 'cash flows'.

Expected Value:

In probability theory (and especially gambling), the expected value (or mathematical expectation) of a random variable is the sum of the probability of each possible outcome of the experiment multiplied by its payoff ("value"). Thus, it represents the average amount one "expects" to win ...

Solution Summary

The expected values, amortization and cash flows in economic concepts are determined.

See Also This Related BrainMass Solution

Cash Flow Information & Present Value in Accounting Measurement

Please locate this document as needed for assignment.

Read the following ProQuest article: Munter, P. (2001, July). Using Cash Flow Information and Present Value in Accounting Measurements. The Journal of Corporate Accounting and Finance, 12(5) 53-56. Retrieved March 17, 2010, from ProQuest Database. (Document ID: 75198888). The article supports the Assessment Tools Discussion for this week.

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